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Franklin Resources Q3 Earnings Meet Estimates


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(RTTNews.com) - Franklin Resources Inc. ( BEN ) Friday reported a third quarter net profit of $402 million, down from $410.6 million last year. On a per share basis, earnings were $0.75 compared to $0.73 a year ago.

On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.75 per share. Analysts estimates usually exclude special items.

Net revenue for the quarter decreased 3 percent to $1.558 billion, from $1.613 billion in the prior year. Street analysts were looking for $1.57 billion.


Read the original article on RTTNews (http://www.rttnews.com/2919346/franklin-resources-q3-earnings-meet-estimates.aspx)


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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: BEN ,



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