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BUZZ-Franklin Resources up after Q1 result beat

ReutersJan 31, 2025 3:24 PM

** Shares of investment manager Franklin Resources BEN.N up 2.09% at $20.57

** Company reports adj. EPS of 59 cents, above analysts' estimates of 53 cents, according to data compiled by LSEG

** Co also reports revenue of $2,251.6 mln, above analysts' estimates of $1,739 mln

** Long-term inflows rose 34%, with $17 billion in positive net flows across equity, multi-asset, and alternatives during the quarter

** Stock down ~31.89% in 2024

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