Franklin Resources (BEN) Surpasses Q1 Earnings and Revenue Estimates
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Franklin Resources (BEN) reported Q1 earnings of $0.59 per share, surpassing the Zacks Consensus Estimate of $0.53. However, this is a decrease from the $0.65 per share reported a year ago.
January 31, 2025 | 4:00 pm
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Franklin Resources (BEN) exceeded Q1 earnings expectations with $0.59 per share, above the estimated $0.53. Despite this positive surprise, earnings are down from $0.65 per share last year.
The positive earnings surprise is likely to boost investor sentiment in the short term, as the company outperformed analyst expectations. However, the year-over-year decline in earnings may temper some of the enthusiasm.
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