earnings
confidence high
sentiment positive
materiality 0.75
Franklin Resources Q3 net income $438.4M, EPS $0.86; AUM $1.55T up 4% QoQ
FRANKLIN RESOURCES INC
2021-Q3 EPS reported
$2.27
revenue$6,244,500,000
- GAAP net income $438.4M ($0.86 diluted EPS) vs $290.4M ($0.58) a year ago; revenue $2.17B up 87% YoY.
- Adjusted net income $493.7M ($0.96 adjusted EPS) vs $348.9M ($0.70) prior year.
- AUM $1.552T at quarter end, up $53.2B QoQ; long-term net outflows $6.6B improved from $11.3B a year ago.
- Alternative net inflows record $3.1B; fixed income positive net flows $2.1B.
- Repurchased 1.4M shares for $46.4M; dividend $0.28 per share declared.