Franklin Resources, Inc. (BEN) earnings on July 31, 2026

Before the market opens Q2 2026

More Franklin Resources, Inc. earnings

Prior outlook: No statistical edge

The company beat profit and sales expectations, and the stock responded positively, rising as much as 4.2% before closing up 1.7%.

BEN price around the earnings

33.86

Change: +1.8%

2026-07-31, 20:00 UTC

End of the measured window
32.75 33.38 34.01 34.64 33.25
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 31, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Exceptional 75% beat rate with +17% avg surprise provides fundamental edge, but negative trend strength and limited analyst upside constrain.

Context analyzed before publication

Trend
Volatile trajectory with a recent bounce after prior weakness, but underlying trend strength remains negative.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.73
Analysts covering the stock
11
Average price target
34.45
Lowest price target
26
Highest price target
40
Upside to price target
3.9%
Quarterly earnings growth
77.1%
Revenue growth
8.7%
Forward EPS
3.1
Trailing EPS
1.34
Analyst moves in the last 60 days
4
  • Strong buy: 0
  • Buy: 3
  • Hold: 6
  • Sell: 1
  • Strong sell: 1
Strong buy
0
Buy
3
Hold
6
Sell
1
Strong sell
1
  • July 14, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • July 10, 2026 · Evercore ISI Group: Maintains rating (Underperform → Underperform)
  • June 26, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • June 22, 2026 · TD Cowen: Maintains rating (Buy → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Neutral
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Price when the context was analyzed
33.15
Average true range (ATR)
2.6%
Distance to 52-week high
-3.7%
14-day change (14d)
-0.5%
30-day change (30d)
-0.4%
30-day relative strength
+0.3%
SPY change (30d)
-0.7%
Nearest support
32.87
Distance to nearest support
0.8%
Nearest resistance
33.18
Distance to nearest resistance
0.1%
Volume accumulation ratio (14d / 46d)
0.86
  • Mid: 32.87 (0.8% away, 0.32 ATR, 28 touches)
  • Mid: 32.71 (1.3% away, 0.51 ATR, 12 touches)
  • Mid: 32.45 (2.1% away, 0.81 ATR, 26 touches)
  • Mid: 33.18 (0.1% away, 0.03 ATR, 23 touches)
  • Mid: 33.48 (1% away, 0.38 ATR, 18 touches)
  • Mid: 33.78 (1.9% away, 0.72 ATR, 10 touches)

Trends

Evidence

Average earnings surprise
+17.0%
  • April 28, 2026: actual EPS 0.71 vs estimate 0.55 (surprise +28.6%)
  • January 30, 2026: actual EPS 0.7 vs estimate 0.55 (surprise +27.5%)
  • November 7, 2025: actual EPS 0.67 vs estimate 0.59 (surprise +14.0%)
  • August 1, 2025: actual EPS 0.49 vs estimate 0.5 (surprise -2.3%)

Expected move

Implied move
+1.7%
Source
Options chain

Reactions over its last 20 earnings

Median move
3%
75th percentile move
5%
90th percentile move
7.5%
Up / down moves
12 / 8
Average up move
+4.6%
Average down move
-3.0%

Monitoring and close

What Franklin Resources, Inc. reported

Status
Finished
Actual EPS0.72
EPS estimate0.67
EPS surprise+7.5%
Revenue$2,358 million
Revenue estimate$1,762 million
Revenue surprise+33.8%

Franklin Resources beat Q3 estimates with $0.72 adjusted EPS and $2.36B revenue, driven by positive net inflows and record AUM. Results optimistic.

Sources (11)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -1.3% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: there was no prior directional scenario to check against.

How the stock reacted

Consolidated
+1.6%
Max move
+4.2%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.