Franklin Resources reported a net income of $295.5 million, or $0.58 per diluted share, for the quarter ended September 30, 2023. Adjusted net income was $427.0 million, with adjusted diluted earnings per share of $0.84. The company's AUM ended the quarter at $1.374 trillion.
Net income for the quarter was $295.5 million, or $0.58 per diluted share.
Adjusted net income for the quarter was $427.0 million, or $0.84 per diluted share.
AUM ended the quarter at $1,374.2 billion.
The company repurchased 7.0 million shares of its common stock for a total cost of $187.6 million during the quarter.
No specific forward guidance was provided in the earnings report.
Visualization of income flow from segment revenue to net income