Higher Tax Rates Offset Franklin Resources' (BEN) 1Q Earnings - Cuts Price Target to $34
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Piper Jaffray Sees Revenue Declines Outpacing Franklin Resources' (BEN) Expense Reductions in 2017 - Remains Neutral
February 4, 2016 8:29 AM ESTPiper Jaffray remains Neutral on Franklin Resources (NYSE: BEN), and cut the price target to $40.00 (from $43.00), following the company's 1Q16. Piper sees continued pressure on organic growth, based on BEN's positioning of large franchises and margin compression. Guidance for fiscal '16... More
Franklin Resources (BEN) Misses Q1 EPS by 1c
February 3, 2016 8:35 AM ESTFranklin Resources (NYSE: BEN) reported Q1 EPS of $0.74, $0.01 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.77 billion.
For earnings history and earnings-related data on Franklin Resources (BEN) click here.
... MoreTrading Radar for 2/3: GM (GM), GoPro (GPRO), International Paper (IP), MetLife (MET) Report
February 2, 2016 3:17 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EST
8:15am EST
ADP Employment Change - Street sees 190kEarnings:
ABB Ltd. (NYSE: ABB) - consensus EPS $0.21
Acorn International (NYSE: ATV) - no Street consensus
Agilysys, Inc. (Nasdaq: AGYS) - consensus loss $0.09
Alexion Pharma (Nasdaq: ALXN) - consensus... More
