** Shares of investment manager Franklin Resources BEN.N up 2.09% at $20.57
** Company reports adj. EPS of 59 cents, above analysts' estimates of 53 cents, according to data compiled by LSEG
** Co also reports revenue of $2,251.6 mln, above analysts' estimates of $1,739 mln
** Long-term inflows rose 34%, with $17 billion in positive net flows across equity, multi-asset, and alternatives during the quarter
** Stock down ~31.89% in 2024
(Reporting by Subiksha S in Banglore)
((Subiksha.S@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.