
According to Benzinga Pro data Franklin Resources (NYSE:BEN) posted a 26.66% decrease in earnings from Q4. Sales, however, increased by 1.97% over the previous quarter to $2.22 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Franklin Resources is not utilizing their capital as effectively as possible. In Q4, Franklin Resources earned $742.80 million and total sales reached $2.18 billion.