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Franklin Templeton beats estimates with $380.1 million fourth-quarter profit

Associated Press +2 · ·by G4L

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BEN Franklin Templeton Inc
$35.87 +6.34%
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  1. 1Franklin Templeton Inc. reported fourth-quarter earnings per share of 72 cents.
  2. 2Adjusted earnings per share for Franklin Templeton Inc. in the fourth quarter were 94 cents, adjusting for one-time gains and expenses.
  3. 3This exceeded the average fourth-quarter earnings per share estimate of 78 cents from 6 analysts surveyed by Zacks Investment Research.

So what's the key point?

Franklin Templeton's fourth-quarter earnings per share were higher than what experts predicted. This means the company earned more money than expected.

Source Associated Press +2 · View original ↗

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