Franklin Resources Q1 EPS $0.70 Beats $0.55 Estimate; Expenses Rise
Franklin Resources posted Q1 fiscal 2026 adjusted EPS of $0.70, exceeding the $0.55 consensus and rising from $0.59 a year ago. Quarterly revenues increased on asset-management fee growth and higher AUM, while operating expenses climbed, pressuring margins.
1. First-Quarter Fiscal 2026 Results
Franklin Resources reported first-quarter fiscal 2026 adjusted earnings per share of $0.70, surpassing the consensus estimate of $0.55 and improving from $0.59 in the year-ago period.
2. AUM Growth and Expense Pressure
Revenues rose on stronger fee-earning assets under management as management fees climbed, but total operating expenses increased, narrowing profit margins compared to both estimates and the prior year.
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