Key Details
Price
$22.04Last Dividend
$0.32Annual ROE
3.30%Beta
0.84Events Calendar
Next earnings date:
Apr 29, 2025Recent quarterly earnings:
Jan 31, 2025Recent annual earnings:
Nov 04, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 30, 2024Next split:
N/ARecent split:
July 26, 2013Analyst ratings
Recent major analysts updates
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On Friday, January 31, the S&P 500 fell by 0.5% as investors reacted to the tariffs suggested by the White House for Canada, China, and Mexico.
Franklin Resources, Inc. (NYSE:BEN) will hold its Q1 2025 Earnings Conference Call on January 31, 2025, at 11:00 AM ET. The call will feature company leaders including Selene Oh, Jenny Johnson, Matt Nicholls, and Adam Spector, along with participants from various financial institutions. The operator, Matt, will guide the call, which focuses on the company's performance for the quarter ending December 31, 2024.
While the revenue and earnings per share (EPS) for Franklin Resources (BEN) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) (NYSE: BEN) has reported a net income of $163.6 million, or $0.29 per diluted share, for the quarter ending December 31, 2024. This is a significant improvement from a net loss of $84.7 million, or $0.19 per diluted share, in the previous quarter, and a decrease from a net income of $251.3 million, or $0.50 per diluted share, for the same quarter in 2023. The operating income for the quarter ending December 31, 2024, was $219.0 million.
BEN's earnings in the first quarter improved due to an increase in revenue. However, they are facing challenges from a decrease in assets under management and rising costs.
Franklin Resources (BEN) lacks the necessary elements that could lead to a strong earnings report in the near future. Be ready for the important expectations.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton has decided to stop the planned reorganization of two Western Asset ETFs because they did not get the necessary approval from shareholders.
On January 17, 2025, Brand Engagement Network Inc. (BEN) announced that it has ended its Exclusive Reseller Agreement with AFG Companies, Inc. Additionally, BEN has filed a lawsuit against AFG and its CEO, Ralph Wright Brewer III, in the Northern District of Texas. The lawsuit claims that AFG engaged in fraudulent misrepresentation, broke the contract, and hid a ransomware attack on their network just before the agreement was signed.
SAN MATEO, Calif.--(BUSINESS WIRE)--On Friday, January 31, 2025, around 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) [NYSE:BEN] will announce its operating results for the first quarter. A written analysis of these results will be accessible on investors.franklinresources.com at the same time. Additionally, Jenny Johnson, the President and CEO, along with Matthew Nicholls, the Executive Vice President, CFO, and COO, and Adam Spector, the Executive Vice President - Global, will be present.
At the end of October 2024, the Federal Reserve reduced interest rates by 25 basis points, bringing them below 5% for the first time since March 2023. Recently, another cut has lowered the rate to 4.5% as of now.
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