WASHINGTON (dpa-AFX) - Franklin Resources Inc. (BEN) revealed a profit for third quarter that Decreased from last year and missed the Street estimates.
The company's bottom line totaled $92.3 million, or $0.15 per share. This compares with $174.0 million, or $0.32 per share, last year.
Excluding items, Franklin Resources Inc. reported adjusted earnings of $263.4 million or $0.49 per share for the period.
Analysts on average had expected the company to earn $0.5 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.8% to $2.06 billion from $2.12 billion last year.
Franklin Resources Inc. earnings at a glance (GAAP) :
-Earnings: $92.3 Mln. vs. $174.0 Mln. last year. -EPS: $0.15 vs. $0.32 last year. -Revenue: $2.06 Bln vs. $2.12 Bln last year.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
