NYSE$BEN
Franklin Resources Inc. · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Franklin Resources' Q4 2020 results reflected the acquisition of Legg Mason and positive net flows in U.S. fixed income, while net income decreased compared to the previous quarter and prior year.
Franklin Resources reported preliminary net income of $78.9 million, or $0.15 per diluted share, for the quarter ended September 30, 2020. The quarter's results include two months of Legg Mason. Total assets under management (AUM) were $1,418.9 billion, up 128% during the quarter.
- Acquisition of Legg Mason was completed, bringing strategically important investment capabilities.
- Global distribution team is in place and cross-selling investment products.
- U.S. fixed income attracted record net flows of $5.7 billion in the quarter.
- Alternatives asset class recorded its fifth consecutive quarter of net inflows, representing 9% of AUM at $124 billion.
Headline financials
Revenue & EPS history
Franklin Resources · Revenue · Quarterly
$1.71B
Revenue by segment
Franklin Resources · $1.71B total across 4 segments · Q4 2020
- Investment Mgmt Fees$1.28B—75.3%
- Sales & Distribution$367M—21.5%
- Shareholder Servicing$45.7M—2.7%
- Other Revenue$8M—0.5%
Forward guidance
The press release does not contain specific forward guidance. It focuses on the integration of Legg Mason and the firm's strategic positioning.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.0%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.3%
Avg return
30 days after
46%
33 / 72 earnings
Positive
+19.7%
Q4 2021
Best reaction
-18.4%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.1% | +8.2% | +12.0% | |
| Q1 2026 | +0.7% | +7.5% | +2.6% | |
| Q4 2025 | -4.5% | -0.9% | +0.6% | |
| Q2 2025 | +6.8% | +9.2% | +15.5% | |
| Q1 2025 | +10.4% | +2.5% | +0.5% | |
| Q4 2024 | +0.5% | +1.0% | +8.8% | |
| Q3 2024 | -4.5% | -3.3% | -11.4% | |
| Q2 2024 | -8.6% | -6.4% | -9.0% | |
| Q1 2024 | -1.7% | -2.5% | -2.1% | |
| Q4 2023 | +0.2% | +7.7% | +10.2% | |
| Q3 2023 | +2.9% | -0.2% | -9.2% | |
| Q2 2023 | -6.2% | -5.0% | -10.7% | |
| Q1 2023 | +1.6% | +8.3% | -5.3% | |
| Q4 2022 | -3.8% | -0.5% | +16.3% | |
| Q3 2022 | +7.9% | +7.7% | +4.2% | |
| Q2 2022 | +5.8% | -1.3% | +6.0% | |
| Q1 2022 | +0.6% | -2.7% | -8.6% | |
| Q4 2021 | +19.7% | +13.9% | +1.0% | |
| Q3 2021 | +2.8% | +6.3% | +9.0% | |
| Q2 2021 | +11.3% | +12.7% | +17.4% | |
| Q1 2021 | -2.7% | -2.7% | -3.6% | |
| Q4 2020 | -18.4% | -17.9% | -2.3% | |
| Q3 2020 | +0.5% | +0.1% | +1.6% | |
| Q2 2020 | -2.5% | -2.9% | +2.1% | |
| Q1 2020 | +1.9% | +3.0% | -12.4% | |
| Q4 2019 | +1.0% | -0.2% | -2.9% | |
| Q3 2019 | -5.7% | -9.1% | -23.8% | |
| Q2 2019 | -3.6% | -4.0% | -6.1% | |
| Q1 2019 | -5.1% | -3.5% | +4.7% | |
| Q4 2018 | +3.5% | +9.4% | +15.0% | |
| Q3 2018 | +4.8% | -0.9% | -0.2% | |
| Q2 2018 | +2.1% | -1.6% | +1.3% | |
| Q1 2018 | -6.0% | -9.4% | -15.0% | |
| Q4 2017 | -2.9% | -4.6% | -6.7% | |
| Q3 2017 | -2.4% | -4.3% | -7.0% | |
| Q2 2017 | +1.1% | +1.1% | -1.4% | |
| Q1 2017 | -1.5% | -1.9% | +4.8% | |
| Q4 2016 | -1.1% | -3.3% | +12.9% | |
| Q3 2016 | +3.8% | +0.6% | +3.8% | |
| Q2 2016 | -5.1% | — | — | |
| Q1 2016 | +4.8% | — | — | |
| Q4 2015 | +5.9% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | -1.1% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | +1.8% | — | — | |
| Q3 2014 | -5.2% | — | — | |
| Q2 2014 | -2.3% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | +0.4% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | +1.8% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | +2.5% | — | — | |
| Q2 2012 | -5.2% | — | — | |
| Q1 2012 | +6.7% | — | — | |
| Q4 2011 | -2.2% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2010 | -2.5% | — | — | |
| Q3 2010 | -3.0% | — | — | |
| Q2 2010 | -7.0% | — | — | |
| Q1 2009 | -0.8% | — | — | |
| Q1 2010 | +2.5% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q2 2009 | -0.6% | — | — | |
| Q4 2007 | -0.6% | — | — | |
| Q3 2009 | -0.1% | — | — | |
| Q3 2008 | -0.1% | — | — | |
| Q4 2008 | -0.1% | — | — |
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