Franklin Resources, Inc.

Equities

BEN

US3546131018

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 21:00:02 16/07/2024 BST			5-day change	1st Jan Change
23.97 ^USD	+3.19%		+8.66%	-19.54%

07-15	Spot ether ETFs likely to begin trading July 23, industry sources say	RE
07-11	Top Midday Stories: Bain Capital to Acquire Envestnet; Delta, Pepsi Report Q2 Earnings; Pfizer Advances Development of Weight-Loss Pill; DOE Pledges $1.7 Billion for EV	MT

Franklin Resources, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2019

January 30, 2020 at 01:33 pm

Franklin Resources, Inc. announced earnings results for the first quarter ended December 31, 2019. For the first quarter, the company announced total revenue was USD 1,412.7 million compared to USD 1,411.5 million a year ago. Operating income was USD 392.7 million compared to USD 411.5 million a year ago. Net income was USD 350.5 million compared to USD 275.9 million a year ago. Basic earnings per share was USD 0.7 compared to USD 0.54 a year ago. Total revenue was USD 1,412.7 million compared to USD 1,411.5 million a year ago. Operating income was USD 392.7 million compared to USD 411.5 million a year ago. Net income was USD 350.5 million compared to USD 275.9 million a year ago. Basic earnings per share was USD 0.7 compared to USD 0.54 a year ago.

Latest news about Franklin Resources, Inc.

Spot ether ETFs likely to begin trading July 23, industry sources say	07-15	RE
Top Midday Stories: Bain Capital to Acquire Envestnet; Delta, Pepsi Report Q2 Earnings; Pfizer Advances Development of Weight-Loss Pill; DOE Pledges $1.7 Billion for EV	07-11	MT
Envestnet to Be Acquired by Bain Capital for $4.5 Billion	07-11	MT
Franklin Resources Reports Higher Assets Under Management in June	07-10	MT
UBS Trims Franklin Resources' Price Target to $24 From $25, Neutral Rating Maintained	07-10	MT
Jefferies Adjusts Price Target on Franklin Resources to $23 From $28, Maintains Hold Rating	07-09	MT
Deutsche Bank Adjusts Price Target on Franklin Resources to $24 From $23	07-09	MT
TD Cowen Adjusts Price Target on Franklin Resources to $23 From $25.50, Maintains Hold Rating	07-08	MT
Evercore ISI Adjusts Price Target on Franklin Resources to $25 From $26, Maintains Underperform Rating	07-08	MT
Goldman Sachs Adjusts Price Target on Franklin Resources to $23.75 From $24.50, Maintains Sell Rating	07-02	MT
Franklin Resources Files Shelf Registration for Sale of Shares by Stockholder	07-01	MT
SEC Could Approve Spot Price Ether ETFs by July 4	06-27	MT
US regulators could approve spot ether ETFs for launch by July 4, sources say	06-26	RE
Franklin Resources Insider Bought Shares Worth $4,559,040, According to a Recent SEC Filing	06-24	MT
Goldman Sachs Adjusts Price Target on Franklin Resources to $24.50 From $23.75	06-12	MT
Franklin Resources Reports Higher Assets Under Management in May	06-11	MT
Envestnet Expands Partnerships With Major Asset Management Firms	06-05	MT
Franklin Templeton's spot ether ETF sets fees at 0.19%	05-31	RE
Franklin Resources Keeps Quarterly Dividend at $0.31 Per Share, Payable July 12 to Investors of Record on June 28	05-21	MT
Franklin Resources, Inc. Announces Quarterly Dividend, Payable on July 12, 2024	05-21	CI
Sector Update: Tech Stocks Mixed Late Afternoon	05-21	MT
Sector Update: Tech Stocks Mixed Tuesday Afternoon	05-21	MT
Franklin Resources Unit Says Meta Investors File Resolution to Address Child-Safety Concerns	05-21	MT
Lycia Therapeutics, Inc. announced that it has received $106.600003 million in funding from a group of investors	05-12	CI
Deutsche Bank Trims Franklin Resources Price Target to $23 From $24	05-10	MT

Chart Franklin Resources, Inc.

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Company Profile

Franklin Resources, Inc. specializes in the management of investment funds. The group's activity is organized around 2 areas: - investment services: activity insured under brands Franklin, Templeton, Legg Mason, Benefit Street Partners, Brandywine Global Investment Management, Clarion Partners, ClearBridge Investments, etc. At the end of September 2023, the group had USD 1,374.2 billion of assets under management; - financial services: retail banking activities, private banking, and consumer credit (automobile credit, mortgage loan, mortgage, etc.). Net sales are distributed geographically as follows: the United States (74.9%), Americas (3.3%), Luxembourg (14.4%), Europe/Middle East/Africa (3.5%) and Asia/Pacific (3.9%).

Sector

Investment Management & Fund Operators

Calendar

26/07/2024 - Q3 2024 Earnings Release

Related indices

S&P 500

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Income Statement Evolution

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Analysis / Opinion

Jenny Johnson, CEO of Franklin Templeton: We see opportunities in infrastructure

October 24, 2023 at 07:23 pm

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Ratings for Franklin Resources, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

23.97 USD

Average target price

24.56 USD

Spread / Average Target

+2.47%

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Quarterly earnings - Rate of surprise

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Investment Management