Overview

* Franklin Resources ( BEN ) Q4 operating revenue beats expectations, driven by global platform growth

* Adjusted EPS for Q4 beats consensus, reflecting strong financial performance

* Adjusted net income for Q4 exceeds analyst estimates, indicating robust performance

Result Drivers

* LONG-TERM INFLOWS - Co reports 12% increase in long-term inflows to $84.6 bln, driven by growth across asset classes

* ALTERNATIVE STRATEGIES - Record growth in alternative AUM to $270 bln, aided by Apera Asset Management acquisition and $26.2 bln fundraising

* INSTITUTIONAL PIPELINE - Healthy institutional pipeline with $20.4 bln in won-but-unfunded mandates following record fundings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $2.34 $1.72

Operatin bln bln (4

g Analysts

Revenue )

Q4 Beat $0.67 $0.58 (8

Adjusted Analysts

EPS )

Q4 EPS $0.21

Q4 Beat $357.50 $300.31

Adjusted mln mln (4

Net Analysts

Income )

Q4 Net $117.60

Income mln

Q4 Beat $472.40 $387.21

Adjusted mln mln (5

Operatin Analysts

g Income )

Q4 26.00%

Adjusted

Operatin

g Margin

Q4 $85.40

Operatin mln

g Income

Q4 3.60%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 4 "sell" or "strong sell"

* The average consensus recommendation for the investment management & fund operators peer group is "buy."

* Wall Street's median 12-month price target for Franklin Resources Inc ( BEN ) is $25.00, about 7% above its November 6 closing price of $23.25

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)