Franklin Resources Q4 Adj. EPS $0.94 Beats $0.77 Estimate, Sales $2.435B Beat $1.861B Estimate

Franklin Resources (NYSE:BEN) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.77 by 22.08 percent. This is a 40.3 percent increase over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $2.435 billion which beat the analyst consensus estimate of $1.861 billion by 30.86 percent. This is a 3.90 percent increase over sales of $2.344 billion the same period last year.