secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0000038777-25-000074
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Q2 adj EPS $0.47 vs $0.56 YoY; AUM down 6%; Western outflows $33.6B
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- GAAP net income $151.4M ($0.26 diluted EPS) vs $124.2M ($0.23) a year ago; adjusted EPS $0.47 vs $0.56.
- Operating revenues $2,111.4M, down 2% YoY and 6% sequentially; operating margin 6.9%.
- AUM $1,540.6B, down 6% YoY; long-term net outflows $26.2B, including $33.6B from Western Asset Management.
- Excluding Western, long-term net inflows were $7.4B; multi-asset and alternatives combined $9.7B positive net flows.
- Dividend declared $0.32/share (flat QoQ); repurchased 0.5M shares for $10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000074/0000038777-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000074/ben-20250502.htm
  HTML page:      https://secwatch.observer/filing/0000038777-25-000074

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