Franklin Resources beats Q3 revenue, adjusted EPS estimates on strong net inflows, AUM growth

Franklin Templeton

31/07/2026 13:36

Overview
U.S. asset manager's Q3 operating revenue rose 14% yr/yr, beating analyst expectations
Adjusted EPS for Q3 beat analyst expectations
Company to change name to Franklin Templeton, effective August 17, 2026

Outlook
Company did not provide specific financial guidance for the current or upcoming quarters in its press release

Result Drivers
NET INFLOWS - Co reported $18.4 bln in long-term net inflows across public and private assets, with positive net flows in every asset class and geography
ALTERNATIVES FUNDRAISING - Alternative AUM reached a record $294.2 bln, driven by $11.8 bln in fundraising, including $10.3 bln in private market strategies
MARKET APPRECIATION - Net market change, distributions and other contributed $98.0 bln to AUM growth in the quarter

Company press release: ID:nBw7kvNPFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Operating Revenue
Beat
$2.36 bln
$1.76 bln (4 Analysts)
Q3 Adjusted EPS
Beat
$0.72
$0.67 (7 Analysts)
Q3 EPS
 
$0.31
 
Q3 Adjusted Net Income
Beat
$386.30 mln
$336.11 mln (5 Analysts)
Q3 Net Income
 
$171.50 mln
 
Q3 Assets Under Management
 
$1.79 trln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy."
Wall Street's median 12-month price target for Franklin Resources Inc is $33.50, about 1% above its July 30 closing price of $33.17
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
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July 31 - Oppenheimer Holdings Q2 profit rises on investment banking strength; posts record AUM

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)