Franklin Resources (BEN) Tops Q3 EPS by 10c

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Go back to Franklin Resources (BEN) Tops Q3 EPS by 10c

Franklin Resources, Inc. Announces Third Quarter Results

July 28, 2016 8:31 AM EDT

SAN MATEO, CA -- (Marketwired) -- 07/28/16 -- Franklin Resources, Inc. (the "Company") (NYSE: BEN) today announced net income(1) of $446.4 million or $0.77 per diluted share for the quarter ended June 30, 2016, as compared to $360.4 million or $0.61 per diluted share for the previous quarter and $504.2 million or $0.82 per diluted share for the quarter ended June 30, 2015.

"Performance for a number of our key strategies continued to improve," said Greg Johnson, Chairman and CEO of Franklin Resources, Inc. "We were encouraged to see a modest improvement for quarterly flows, as well as better operating results compared with the previous... More