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Sohini Mondal

What to Expect From Franklin Resources' Next Quarterly Earnings Report

Franklin Resources BEN

Based in San Mateo, California, Franklin Resources, Inc. (BEN) is a global asset management holding company with a market cap of $12.2 billion. It serves a diverse client base across the retail and institutional sectors. The company is expected to announce its fiscal Q3 earnings results before the market opens on Friday, Jul. 26.

Ahead of this event, analysts expect BEN to report a profit of $0.59 per share, down 6.4% from $0.63 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion. The company reported an EPS of $0.56, missing the consensus EPS estimate by 1.8% in the most recent quarter.

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