Compared to Estimates, Franklin Resources (BEN) Q4 Earnings: A Look at Key Metrics

For the quarter ended September 2024, Franklin Resources (BEN) reported revenue of $2.21 billion, up 11.3% over the same period last year. EPS came in at $0.59, compared to $0.84 in the year-ago quarter.The reported revenue represents a surprise of +4.35% over the Zacks Consensus Estimate of $2.12 billion. With the consensus EPS estimate being $0.60, the EPS surprise was -1.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Franklin Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Net Flows: $-31.5 billion versus $-21.69 billion estimated by three analysts on average. Assets Under Management - Fixed income: $556.4 billion versus $568.87 billion estimated by three analysts on average. Assets Under Management - Multi-Asset: $176.2 billion compared to the $176.17 billion average estimate based on three analysts. Assets Under Management - Equity: $632.1 billion versus the three-analyst average estimate of $614.05 billion. Assets Under Management - Total: $1,678.6 billion versus the three-analyst average estimate of $1,687.32 billion. Assets Under Management - Alternative: $249.9 billion versus the three-analyst average estimate of $259.15 billion. Assets Under Management - Cash Management: $64 billion versus $69.08 billion estimated by three analysts on average. EOP Net Flows - Alternatives: $-1 billion compared to the $-0.15 billion average estimate based on two analysts. Operating Revenues- Other: $10 million compared to the $11.83 million average estimate based on four analysts. The reported number represents a change of +23.5% year over year. Operating Revenues- Investment management fees: $1.77 billion versus $1.66 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.1% change. Operating Revenues- Shareholder servicing fees: $67 million compared to the $63.34 million average estimate based on four analysts. The reported number represents a change of +80.1% year over year. Operating Revenues- Sales and distribution fees: $368 million versus the three-analyst average estimate of $353.23 million. The reported number represents a year-over-year change of +20.1%. View all Key Company Metrics for Franklin Resources here>>>Shares of Franklin Resources have returned +4.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Franklin Resources, Inc. (BEN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks