Franklin Resources (BEN)
NYSE:BEN
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Earnings Data
Report Date
Jul 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.63Last Year’s EPS
0.49Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and commercial performance narrative: robust diversified long-term net inflows, exceptional alternatives and ETF momentum, improving investment performance, and margin expansion potential supported by disciplined expense guidance. Notable headwinds included equity and modest fixed income outflows, elevated near-term fundraising and AI investment expenses, and some timing/visibility risk around fee recognition in alternatives and regulatory/tax uncertainties. On balance, the positive growth, fundraising, AUM gains, and improving profitability outlook materially outweigh the listed challenges.Company Guidance
Strong long-term net flows
Recorded $16.9 billion in long-term net inflows this quarter; long-term inflows of $118 billion were up 28% quarter-over-quarter and 38% year-over-year (excluding reinvested distributions).
Record gross sales and diversified inflows
Positive long-term net flows across every region and multiple channels (public and private markets), with multi-asset generating $9.5 billion (19th consecutive quarter of positive flows) and ETF net inflows of $4.5 billion (18th consecutive quarter).
Assets under management and platform scale
Total AUM of $1.68 trillion with alternatives AUM of $283 billion and private credit representing $96 billion of that base.
Robust alternatives and private markets fundraising
Raised $14.3 billion in alternatives this quarter (including $13.2 billion in private market assets); fiscal year-to-date private markets fundraising of $22.7 billion, tracking to exceed the $25–30 billion target and management expects to be above $30 billion for the year.
ETF growth and market traction
ETF AUM reached $61.6 billion, up 67% year-over-year; active ETFs represent 45% of ETF AUM and the Putnam Focused Large Cap Value ETF is approaching $10 billion.
Retail SMA and Canvas momentum
Retail SMAs at $168.3 billion with $2.7 billion in net inflows this quarter; Canvas reached record AUM of $22.9 billion (up 27% quarter-over-quarter), with $5.3 billion in positive net flows and continued strong adoption (Canvas cited as growing ~72% CAGR and 10x since acquisition).
Investment performance
More than half of mutual fund and ETF AUM outperformed peer medians over 3- and 10-year periods (~two-thirds over 1- and 5-year); 95% of municipal AUM outperforming peer group over three years; fixed income 83% and equities 82% of AUM outperforming benchmark over relevant periods.
Improved profitability and margins trajectory
Adjusted operating income of $475 million, up 8.5% quarter-over-quarter and 25.8% year-over-year; management expects FY expense growth of ~1.5% with investment management fee revenue growing meaningfully faster and margin expansion (Q4 margin guidance high-29s; full-year margin in the 27s; target 30%+ by 2027).
Global diversification and distribution strength
Non-U.S. gross sales grew 29% quarter-over-quarter, positive long-term net flows outside U.S. of $5.5 billion, and institutional pipeline of $20.2 billion (won but unfunded mandates consistent with prior quarter).
Strategic innovation and digital initiatives
Progress on AI (Intelligence Hub) showing early sales efficiency gains (wholesalers engaging ~10% more clients), and plans to expand digital assets via acquisition of 250 Digital and launch of FranklinCrypto, plus tokenized ETF experiments on exchanges.
BEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $27.57 | $29.46 | +6.86% |
Jan 30, 2026 | $25.51 | $26.24 | +2.86% |
Nov 07, 2025 | $22.60 | $21.61 | -4.38% |
Aug 01, 2025 | $23.01 | $22.97 | -0.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Franklin Resources (BEN) report earnings?
Franklin Resources (BEN) is schdueled to report earning on Jul 24, 2026, Before Open (Confirmed).
What is Franklin Resources (BEN) earnings time?
Franklin Resources (BEN) earnings time is at Jul 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BEN EPS forecast?
BEN EPS forecast for the fiscal quarter 2026 (Q3) is 0.63.