01:23 PM EDT, 05/02/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Franklin Resources' ( BEN ) shares were up 7.1% in recent Friday trading after the company reported fiscal Q2 adjusted earnings of $0.47 per diluted share, compared with $0.56 a year earlier.

Analysts surveyed by FactSet expected $0.47.

Operating revenue for the quarter ended March 31 was $2.11 billion, compared with $2.15 billion a year earlier.

Price: 20.07, Change: +1.33, Percent Change: +7.10