BEN

MSCI MSCI is set to report its second-quarter 2026 results on July 21, 2026.The Zacks Consensus Estimate for second-quarter 2026 earnings is currently pegged at $4.89 per share, which has increased 1.45% over the past 30 days. The figure indicates an increase of 17.27% year over year. The consensus mark for revenues is pegged at $856.06 million, suggesting an increase of 10.79% from the year-ago quarter’s reported numbers.MSCI’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 1.70%. MSCI Inc price-eps-surprise | MSCI Inc Quote Let’s see how things have shaped up for the upcoming announcement. MSCI’s second-quarter 2026 performance is expected to have benefited from steady demand for its indexes, analytics and private-asset tools, supported by high retention and improved recurring sales momentum. In the first quarter of 2026, MSCI achieved its highest first-quarter recurring net new subscription sales since 2022, totaling $39.6 million, with the Index segment alone contributing a record $24.8 million. This momentum, supported by a 13% year-over-year increase in total run rate and robust performance across client segments such as hedge funds, banks and brokerages, positions MSCI for further revenue growth.Another significant benefit for MSCI in the next quarter is the record level of asset-based fees, driven by substantial growth in assets under management (AUM) linked to MSCI indexes. In the first quarter of 2026, equity ETF AUM reached $2.4 trillion, with asset-based fee run rate growth of 25.1% year over year. This was fueled by both market appreciation and strong inflows into ETFs and non-ETF indexed funds. The Index segment’s asset-based fees grew 26.6%, and ETF AUM increased across all major geographic exposures, including the U.S., Developed Markets ex-U.S., and Emerging Markets. This trend is likely to have continued, providing a solid foundation for further asset-based revenue growth in the to-be-reported quarter.MSCI is also poised to benefit from its ongoing innovation and recent strategic acquisitions. The company launched several new solutions in the first quarter of 2026, such as Index AI Insights (an AI-powered index analytics tool), AI for Private Markets, and daily private markets indexes. These offerings enhance MSCI’s value proposition by providing advanced analytics and decision-s...

In early July 2026, Franklin Resources was hit by a broad risk-off shift as geopolitical tensions and concerns about further Federal Reserve rate hikes pressured sentiment toward asset managers whose fee income and portfolio values are closely tied to market conditions. At the same time, the firm’s strong recent record of earning surprises and fresh senior leadership at Fiduciary Trust International highlight an underlying operational momentum that contrasts with the macro-driven caution affecting the stock. Against this backdrop of geopolitical uncertainty and earnings optimism, we’ll examine how heightened rate-hike concerns may influence Franklin Resources’ investment narrative. Find 44 companies with promising cash flow potential yet trading below their fair value. To own Franklin Resources, you need to believe its diversified active and alternative platforms can justify current earnings multiples despite fee pressure and industry competition. The recent risk-off move around rate fears directly affects the key short term catalyst: sentiment toward asset managers’ market-sensitive fee pools. It also reinforces the biggest near term risk, that a sharp pullback in markets and flows could slow recent earnings momentum and keep valuation multiples under pressure. Against this backdrop, the appointment of Sue Wilchusky as chief administrative officer at Fiduciary Trust International stands out. Strengthening senior leadership at a core wealth and fiduciary unit supports execution on growth initiatives in higher value advisory and alternatives, which are central to Franklin’s longer term AUM and margin ambitions, even as macro headlines and rate worries dominate the shorter term trading narrative. Yet beneath the recent earnings optimism, investors should also be aware of how fee compression and ongoing net outflows could suddenly start to weigh on... Read the full narrative on Franklin Resources (it's free!) Franklin Resources’ narrative projects $9.0 billion revenue and $1.3 billion earnings by 2029. This requires essentially flat yearly revenue growth and an earnings increase of about $0.6 billion from $677.6 million today. Uncover how Franklin Resources' forecasts yield a $32.36 fair value, a 4% downside to its current price. While recent rate and geopolitical jitters may test Franklin’s story, the most optimistic analysts were assuming revenue near US$9.3...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Franklin Resources (BEN), which belongs to the Zacks Financial - Investment Management industry. This investment manager has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 28.18%. For the most recent quarter, Franklin Resources was expected to post earnings of $0.55 per share, but it reported $0.71 per share instead, representing a surprise of 29.09%. For the previous quarter, the consensus estimate was $0.55 per share, while it actually produced $0.7 per share, a surprise of 27.27%. For Franklin Resources, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Franklin Resources has an Earnings ESP of +4.39% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #1 (Strong Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 31, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end...

SAN MATEO, Calif., July 01, 2026--(BUSINESS WIRE)--On Friday, July 31st at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the "Company") [NYSE:BEN] will release its third quarter operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time. In addition, Jenny Johnson, CEO; Matthew Nicholls, Co-President, CFO and COO; and Daniel Gamba, Co-President and Chief Commercial Officer, will lead a live teleconference at 10:00 a.m. Eastern Time to answer questions. Access to the teleconference will be available via investors.franklinresources.com or by dialing (+1) 877-407-0989 in North America or (+1) 201-389-0921 in other locations. A replay of the teleconference can also be accessed by calling (+1) 877-660-6853 in North America or (+1) 201-612-7415 in other locations using access code 13761569 after 2:00 p.m. Eastern Time on July 31, 2026 through August 7, 2026, or via investors.franklinresources.com. Analysts and investors are encouraged to review the Company's recent filings with the U.S. Securities and Exchange Commission and to contact Investor Relations at [email protected] before the live teleconference for any clarifications or questions related to the earnings release or written commentary. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. With $1.78 trillion in assets under management as of May 31, 2026, Franklin Templeton operates globally in more than 35 countries. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] View source version on businesswire.com: https://www.businesswire.com/news/home/20260701393934/en/ Contacts Franklin Resources, Inc.Investor Relations:Selene Oh (650) 312-4091,[email protected] Media Relations: Jeaneen Terrio (212) 632-4005,[email protected] Website:investors.fran...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Franklin Resources (NYSE:BEN) and the best and worst performers in the custody bank industry. Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space. The 16 custody bank stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.5%. Thankfully, share prices of the companies have been resilient as they are up 7% on average since the latest earnings results. Operating under the widely recognized Franklin Templeton brand since 1947, Franklin Resources (NYSE:BEN) is a global investment management organization that offers financial services and solutions to individuals, institutions, and wealth advisors worldwide. Franklin Resources reported revenues of $2.29 billion, up 8.7% year on year. This print exceeded analysts’ expectations by 11.8%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS and revenue estimates. “Franklin Templeton delivered another strong quarter, with $17 billion in long-term net inflows across public and private markets, reflecting the strength of our diversified global platform,” said Jenny Johnson, CEO of Franklin Resources, Inc. Interestingly, the stock is up 17.5% since reporting and currently trades at $32.40. Is now the time to buy Franklin Resources? Access our full analysis of the earnings results here, it’s free. Originally spun off from Dutch financial giant ING in 2013 and rebranded with a name suggesting "voyage," Voya Financial (NYSE:VOYA) provides workplace benefits and savings solutions to U.S. employers, helping their employees achieve better financial outcomes through retirement plans and insurance products. Voya Financial reported revenues of $1.93 billion, up 2.3% year on year, outperforming analysts’ expectations by 15.4%. The business had a stunning quarter with a solid...

A month has gone by since the last earnings report for Franklin Resources (BEN). Shares have added about 7.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Franklin Resources due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Franklin Resources, Inc. before we dive into how investors and analysts have reacted as of late. Franklin reported second-quarter fiscal 2026 (ended March 31, 2026) adjusted earnings of 71 cents per share, which surpassed the Zacks Consensus Estimate of 55 cents per share. Also, the bottom line compared favorably with 47 cents reported in the year-ago quarter. Results benefited from higher revenues. However, a slight decline in assets under management and elevated expenses remained headwinds. The results include certain items. After considering those, net income (GAAP basis) was $268.2 million, up 77.1% year over year. Revenues & Expenses Increase Y/Y Total operating revenues increased 8.7% year over year to $2.29 billion in the fiscal second quarter. The rise was due to an increase in all the components except other revenues. Further, the reported figure outpaced the Zacks Consensus Estimate of $2.18 billion. Investment management fees rose 8.7% year over year to $1.82 billion. Sales and distribution fees increased 8.7% year over year to $396.6 million. Shareholder-servicing fees rose 11.4% on a year-over-year basis to $69 million. Other revenues decreased 9% year over year to $10 million. Total operating expenses increased marginally year over year to $1.97 billion. The rise was due to an increase in compensation and benefits costs, sales, distribution and marketing costs, and general, administrative and other costs. Franklin reported an operating margin of 14.1% compared with 6.9% in the year-ago quarter. AUM Rises As of March 31, 2026, total AUM was $1.68 trillion, down marginally on a sequential basis. Franklin’s long-term net inflows were $16.9 billion in the reported quarter compared with $28 billion in the prior quarter. The average AUM was $1.70 trillion, which increased 1.5% on a sequential basis. Capital Position As of March 31, 2026, cash and cash equivalents and investments were $6.2 billion, while total...

SAN MATEO, Calif., May 20, 2026--(BUSINESS WIRE)--Franklin Resources, Inc. (the "Company") [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.33 per share payable on July 10, 2026 to stockholders of record holding shares of common stock at the close of business on June 29, 2026. The quarterly dividend of $0.33 per share is equivalent to the dividend paid for the prior quarter and represents a 3.1% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templeton Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. To learn more, visit franklintempleton.com and follow us on LinkedIn. Franklin Resources, Inc. [NYSE: BEN] View source version on businesswire.com: https://www.businesswire.com/news/home/20260520042874/en/ Contacts Franklin Resources, Inc.Investor Relations: Selene Oh (650) 312-4091,[email protected] Media Relations: Jeaneen Terrio (212) 632-4005,[email protected] Website: investors.franklinresources.com

Shares of The Carlyle Group Inc. CG fell 3.5% in yesterday’s trading session on lower-than-expected quarterly results. The company reported first-quarter 2026 post-tax distributable earnings per share of 89 cents, missing the Zacks Consensus Estimate of 91 cents. The metric also declined from $1.14 in the year-ago quarter. Results were weighed down by a sharp pullback in realized performance revenues. However, a rise in the assets under management (AUM) balance was a positive. Net loss attributable to Carlyle was $132.2 million against net income of $130 million in the year-ago quarter. First-quarter segmental revenues were $750.9 million, which missed the Zacks Consensus Estimate by 16.4%. The top line also declined 28% from the year-ago quarter. Total segment fee revenues were $644 million, almost flat year over year. Fund management fees rose 3.6% year over year to $544.5 million, while transaction and portfolio advisory fees, net and other, declined 30.6% to $54.1 million. Fee-related performance revenues rose 14.9% to $45.4 million. Realized performance revenues declined 82.6% from the year-ago quarter to $61.8 million. Total segmental expenses fell 27.9% year over year to $423.9 million. As of March 31, 2026, total AUM was $475.4 billion, up 5% from the prior-year quarter. The fee-earning AUM was $333.4 billion, which rose 6% year over year. Pending fee-earning AUM was $21 billion, down 17% year over year. Global Private Equity’s total AUM was $159 billion as of March 31, 2026, down 3% year over year. The segment’s fee-related earnings were $139.6 million, down 1.1% year over year. Distributable earnings were $149.9 million, down 43.6%. Global Credit’s total AUM was $209 billion, up 5% year over year. Fee-related earnings were $92.9 million, down 10.6%. Distributable earnings were $98.2 million, down 11.1%. Carlyle AlpInvest’s total AUM was $107 billion, up 20% year over year. Fee-related earnings were $67.5 million, up 3.1%. Distributable earnings were $78.9 million, down marginally year over year. In the reported quarter, CG repurchased or withheld 3.8 million shares of common stock, including shares withheld in the net share settlement of equity awards, totaling $205 million. As of March 31, 2026, $1.9 billion worth of shares were available under the authorization. The company also declared a quarterly dividend of 35 cents per share. The dividend wi...

KKR & Co. Inc. KKR reported first-quarter 2026 net income per share of $1.39, surpassing the Zacks Consensus Estimate of $1.28 and rising from $1.15 in the prior-year quarter. Total segmental revenues amounted to $1.47 billion, which increased 22.4% on a year-over-year basis and beat the Zacks Consensus Estimate of $1.43 billion. KKR & Co. Inc. Price, Consensus and EPS Surprise KKR & Co. Inc. price-consensus-eps-surprise-chart | KKR & Co. Inc. Quote Results primarily reflect impressive growth in assets under management (AUM) and transaction fees for the capital markets business. However, despite a solid first-quarter performance, KKR shares fell nearly 2% since the release of the results, as the company stated that market volatility had dimmed its 2026 adjusted net income (ANI) per share growth outlook. During the first-quarter earnings call, chief financial officer Robert Lewin stated, "While we continue to generate very strong outcomes, we do have modestly less visibility today than what our budget would have suggested at this point in the year. As a result, if you are handicapping our ability to reach 2026 ANI of $7 per share, we do think it is more likely that we land below that level.” Nonetheless, KKR feels confident in its ability to exceed targets for fundraising, strategic holdings’ operating earnings and fee-related earnings on a per-share basis. The company is also targeting more than $100B AUM over time with Arctos Partners, which it acquired in May 2026. The primary driver for the increase in KKR’s top line was a rise in the AUM balance, which grew 14.1% year over year to $757.9 billion. AUM growth remained broad-based. Private Equity AUM increased to $231 billion, Real Assets reached $197.9 billion, and Credit and Liquid Strategies climbed to $328.9 billion, underscoring balance across the platform. More importantly for fee durability, fee-paying AUM rose to $614.8 billion, increasing 16.8% from the prior-year quarter. Perpetual capital totaled $326 billion, up 17% year over year, representing 43% of AUM and 51% of fee-paying AUM. KKR generated fee-related earnings of $1 billion, or $1.13 per adjusted share, up 23.5% year over year. Total operating earnings were $1.3 billion, or $1.47 per adjusted share, increasing 19.1%. At the segment level, total segment earnings rose to $1.63 billion from $1.39 billion a year ago. The mix continued to lean...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Franklin Resources (BEN) is back in focus after stronger than expected second quarter results, improved private markets fundraising, and upgraded guidance prompted upbeat commentary and rating changes from both Goldman Sachs and Barclays. See our latest analysis for Franklin Resources. At a share price of $29.70, Franklin Resources has seen a 26.92% 30 day share price return and a 24.79% year to date share price return. The 1 year total shareholder return of 56.92% suggests momentum has been building around the stronger recent earnings and guidance upgrades. If this kind of rebound has you thinking about what else is moving, it could be a good time to broaden your search with 17 top founder-led companies With earnings, fundraising and guidance all moving in Franklin Resources' favor, and the stock roughly in line with the average analyst price target, the key question is whether there is still a buying opportunity here or if the market is already pricing in future growth. At $29.70, the stock sits above the most followed narrative fair value estimate of $27.36, which is based on a detailed cash flow and earnings framework using an 8.39% discount rate. Read the complete narrative. Curious how a flat revenue profile, a higher profit margin, and a lower future P/E can still add up to that fair value target? The tension between cautious growth assumptions and a richer earnings profile is at the heart of this narrative, and the detailed numbers behind those calls might surprise you. Result: Fair Value of $27.36 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, persistent net outflows at Western Asset Management and ongoing fee compression could quickly challenge the more upbeat margin and earnings assumptions behind this fair value narrative. Find out about the key risks to this Franklin Resources narrative. While the most popular narrative tags Franklin Resources as 9% overvalued at $27.36, our DCF model paints a different picture. On that view, the stock at $29.70 sits about 10% below an intrinsic value of $32.99, which suggests a margin of safety rather than a stretched price. The contrast is sharp, and it depends on how much weight you place on flat revenue assumptions compared with improving margins...

Shares of Lazard Inc. LAZ plunged 6.9% in Friday’s trading session on lower-than-expected quarterly results. Its first-quarter 2026 adjusted earnings per share of 42 cents missed the Zacks Consensus Estimate of 52 cents. This compared unfavorably with earnings of 56 cents in the year-ago quarter. Lazard’s results were affected by lower revenues in the Financial Advisory and Corporate segments. An increase in operating expenses was also negative. However, an increase in assets under management (AUM) and higher revenue in the Asset Management segment supported the results to some extent. The results excluded certain non-recurring items. After considering those, Lazard’s net income (GAAP) was $100.9 million, which rose 67.1% from the prior-year quarter. Quarterly adjusted net revenues were $672.9 million, which rose 4.6% year over year. However, the top line missed the Zacks Consensus Estimate by 9.5%. Operating expenses increased 12.4% year over year to $667 million, primarily driven by higher compensation costs. The ratio of adjusted compensation expenses to operating revenues was 69.9%, higher than 65.5% in the year-ago quarter. The ratio of adjusted non-compensation expenses to operating revenues was 22.1%, down from 23% in the prior-year quarter. Financial Advisory: The segment’s adjusted operating revenues were $356.2 million, down 3.6% from the year-ago quarter. Asset Management: Segmental adjusted operating revenues of $308.8 million increased 16.8% year over year, driven by higher management fees and incentive fees. Corporate: Adjusted operating revenues from this segment were $7.9 million, down from $9.1 million in the year-ago quarter. As of March 31, 2026, total AUM was $259.2 billion, which increased 13.9% year over year. The average AUM in the reported quarter was $265.5 billion, up 15% from the year-ago quarter. The company’s cash and cash equivalents totaled $1.02 billion as of March 31, 2026, down 30.5% from the prior quarter. Total stockholders’ equity was $872.4 million, down 3.7% sequentially. In the first quarter of 2026, Lazard did not repurchase any common stock. As of March 31, 2026, approximately $107 million of authorization remained available for repurchase. In April 2026, Lazard announced that it had entered into a definitive agreement to acquire Campbell Lutyens for approximately $575 million, marking a significant expansion of its...

KKR & Co. Inc. KKR reported first-quarter 2026 net income per share of $1.39, surpassing the Zacks Consensus Estimate of $1.28. The bottom line rose from $1.15 in the prior-year quarter. KKR shares rallied nearly 1.6% in the early trading on better-than-expected results. A full day’s trading session will provide a clearer picture. Results have primarily reflected impressive growth in assets under management (AUM) and transaction fees for the capital markets business. However, an increase in expenses acted as a headwind. Net income attributable to the company (GAAP basis) was $364.8 million against a net loss of $185.9 million in the year-ago quarter. Total segment revenues amounted to $1.47 billion, increasing 22.4% on a year-over-year basis. The top line surpassed the Zacks Consensus Estimate of $1.43 billion. Total segment expenses increased 19.9% year over year to $452.6 million. As of March 31, 2026, total AUM grew 14.1% year over year to $757.9 billion. Fee-paying AUM summed $614.8 billion, which increased 16.8% from the year-ago quarter. Total operating earnings grew 19.1% year over year to $1.3 billion. The company posted fee-related earnings of $1 billion, up 23.5% year over year. The company declared a quarterly dividend of 19.5 cents per share of common stock, representing a 5.4% increase from the previous quarterly dividend of 18.5 cents per share. This dividend will be paid on May 29, 2026, to shareholders of record as of the close of business on May 15, 2026. The company also approved a $500 million increase to its existing share repurchase program, with the authorization set to automatically increase once the remaining capacity falls to $50 million or less. In May 2026, KKR completed its previously announced acquisition of Arctos Partners, a leading institutional investor in professional sports franchise stakes and asset management solutions. The transaction, which received the required sports league approvals, adds approximately $16 billion in assets under management and enhances KKR’s capabilities in sports investing and GP solutions. As part of the deal, Arctos’ leadership and operations have been integrated into KKR Solutions, a newly established investing platform that combines sports, GP solutions and secondary strategies, supporting the firm’s long-term growth in multi-asset class investing. The company will continue utilizing lucrative...