Franklin Resources, despite facing various hurdles, has reported Q2 2025 earnings with mixed results. Amidst market pressures and hitting a new 12-month low, it nonetheless posted an impressive 22% profit increase, largely attributed to 14 quarters of consistent growth in its ETF business. However, slight underperformance caused it to miss the estimated Q2 EPS by 3c. While there have been adjustments from both buyers and sellers, including Power Corp of Canada selling over 700,000 shares and HSBC Holdings purchasing over 790,000 shares, the firm's core performance seems to be solid. The firm continues to be the center of attention due to its steady dividend payouts, despite lower-than-expected revenues and net outflows. Plagued by a persistent decline in Assets Under Management (AUM), the company now intends to detail their Q2 2025 performance on 2nd May 2025. Analyst consensus, however, remains mixed, primarily with a 'reduce' recommendation. Despite these challenges, the company's dividends seem attractive, with a significant yield of 6.83% amidst signs of revenue growth.
Franklin Resources BEN News Analytics from Sat, 31 Aug 2024 07:00:00 GMT to Sat, 03 May 2025 12:37:58 GMT -
Rating 3
- Innovation -4
- Information 6
- Rumor -2
