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Franklin Resources Inc. Reports Gain In Q2 Earnings

Franklin Resources Inc. (BEN) reported earnings for its second quarter that increased from the same period last year.

The company's profit came in at $443.2 million, or $0.78 per share. This compares with $420.7 million, or $0.74 per share, in last year's second quarter.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.2% to $1.62 billion from $1.60 billion last year.

Franklin Resources Inc. earnings at a glance:

-Earnings (Q2): $443.2 Mln. vs. $420.7 Mln. last year.
-EPS (Q2): $0.78 vs. $0.74 last year.
-Analysts Estimate: $0.75
-Revenue (Q2): $1.62 Bln vs. $1.60 Bln last year.

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