WASHINGTON (dpa-AFX) - Franklin Resources Inc. (BEN) reported earnings for
its first quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $251.3 million, or $0.50 per share. This
compares with $165.6 million, or $0.32 per share, in last year's first quarter.

Excluding items, Franklin Resources Inc. reported adjusted earnings of $328.5
million or $0.65 per share for the period.

Analysts on average had expected the company to earn $0.57 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.0% to $1.99 billion from $1.97
billion last year.

Franklin Resources Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $251.3 Mln. vs. $165.6 Mln. last year.
-EPS (Q1): $0.50 vs. $0.32 last year.
-Analyst Estimate: $0.57
-Revenue (Q1): $1.99 Bln vs. $1.97 Bln last year.


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