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Franklin Resources Q4 Profit Improves - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Franklin Resources, Inc. (BEN) reported net income of $492.1 million or $2.31 per share for the fourth quarter versus $416 million or $1.88 per share last year.

Operating revenues for the three-month period decreased to $1.82 billion from $1.84 billion in the previous year.

Analysts polled by Thomson Reuters expected the company to report earnings of $2.30 per share on revenues of $1.83 billion for the quarter. Analysts' estimates typically exclude special items.

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