Franklin Resources' preliminary Q4 operating revenue rose 4% year over year to $2.43 billion, beating the $1.86 billion estimate, while adjusted EPS of $0.94 topped the $0.77 estimate. The company reported $20.8 billion in long-term net inflows and repurchased $86.1 million in shares.
Franklin Resources reported preliminary Q4 operating revenue of $2.43 billion, up 4% year over year and above analyst expectations of $1.86 billion. Adjusted EPS was $0.94, compared with the $0.77 estimate; adjusted net income was $493.4 million, versus an estimate of $405.31 million. Net income was $380.1 million, and EPS was $0.72.
The company said Q4 results were driven by $20.8 billion in long-term net inflows, with positive flows across all regions and channels. Equity, multi-asset and alternatives had net inflows and reached record assets under management. Franklin Resources also cited growth in ETF, retail SMA, Canvas and international AUM, and said it repurchased $86.1 million in shares during the quarter.
Franklin Resources said opportunities in fiscal 2027 include private markets, customized solutions and innovative investment vehicles. Its pipeline of won-but-unfunded institutional mandates remains strong at $22.0 billion, and the company plans to continue investing in strategic acquisitions and expense management.
