Franklin Resources, Inc. · BEN · Next earnings

Franklin Resources, Inc. reports Friday, Nov 6, 2026

BEN reports before market open with consensus EPS at $0.77 and revenue at $1.86B. Last quarter: Franklin Resources Beats on EPS as Record Inflows and AI Drive Growth

Reports Before market open47 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $0.77 Calendar consensus
Consensus revenue $1.86B Calendar consensus
Report date Nov 6, 2026 Friday, date estimated
Session Before market open 47 days away

Where BEN left off: FY2026 Q2

Full report

Franklin Resources Beats on EPS as Record Inflows and AI Drive Growth

EPS surprise +29.1% Reported $0.71 vs $0.55
Revenue surprise +2.9% Reported $1.75B vs $1.70B
Stock move +6.9% Event window
Subsequent drift +7.5% Up to 20 sessions

Guidance was maintained, consistent with the prior quarter. Management reaffirmed its multi-year strategic plan, the >30% margin expansion target by 2027, the $200M cost-saving initiatives, and the $30B+ annual alternatives fundraising goal. No upward or downward revision to guidance was indicated.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Potential regulatory scrutiny on secondary private-equity markup practices.
  • Uncertainty around a proposed adverse tax rule (Exchange 351) affecting tax-optimization strategies.
  • Higher AI investment costs and the need to realize efficiency benefits.
  • Intensifying competition in ETF, tax-optimization, and digital-asset markets.
  • Integration risk from recent acquisitions including 250 Digital and prior deals.

Questions analysts left open

  • Breakdown of private-markets inflows and Lexington fund performance
  • Fee-generating versus non-fee-generating AUM ratios
  • Impact of AI spend on operating margins
  • ETF distribution fee negotiations and their effect on market share
  • Potential regulatory impacts on secondaries and tax-optimization structures

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Recent BEN quarters

All BEN earnings
+6.9%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.