Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

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Go back to Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

Franklin Resources (BEN) Misses Q4 EPS by 21c

October 22, 2015 8:37 AM EDT

Franklin Resources (NYSE: BEN) reported Q4 EPS of $0.59, $0.21 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.93 billion.

Total assets under management ("AUM") were $770.9 billion at September 30, 2015, down $95.6 billion or 11% during the quarter primarily due... More