Franklin Resources, Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2017. The company announced a net loss attributable to the company of $583.3 million or $1.06 per diluted share for the quarter ended December 31, 2017, which included an estimated income tax charge of $1.1 billion or $1.94 per diluted share resulting from enactment of the Tax Cuts and Jobs Act of 2017. The company had net income of $425.2 million or $0.76 per diluted share for the previous quarter, and $440.2 million or $0.77 per diluted share for the quarter ended December 31, 2016. For the quarter, total operating revenues were $1,615.5 million, operating income was $581.1 million and income before taxes was $651.6 million against total operating revenues of $1,560.8 million, operating income of $586.9 million and income before taxes of $619.7 million for the same period a year ago.