secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000038777-21-000135
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Resources Q3 net income $438.4M, EPS $0.86; AUM $1.55T up 4% QoQ
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000135/0000038777-21-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000135/ben-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000038777-21-000135

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