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An announcement from Franklin Resources ( (BEN) ) is now available.
Franklin Resources announced its financial results for the quarter ended December 31, 2024, reporting a net income of $163.6 million, a significant recovery from the previous quarter’s net loss of $84.7 million. The company highlighted a 34% improvement in long-term inflows from the prior year, achieving positive net flows in various investment categories, and an increase in won-but-unfunded mandates, showcasing its ability to adapt to market volatility and meet client needs.
More about Franklin Resources
Franklin Resources, Inc., also known as Franklin Templeton, is a prominent global asset management company. It offers a wide range of investment solutions, including equity, fixed income, multi-asset, and alternative strategies, catering to a diverse client base worldwide.
YTD Price Performance: 0.05%
Average Trading Volume: 3,965,657
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.56B
Learn more about BEN stock on TipRanks’ Stock Analysis page.
