Franklin Resources (BEN) reported fiscal Q1 adjusted earnings Monday of $0.65 per diluted share, up from $0.51 a year earlier.
Analysts polled by Capital IQ expected $0.58.
Revenue for the quarter ended Dec. 31 was $1.99 billion, compared with $1.97 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.91 billion.
Shares of Franklin Resources were up 5.8% in recent premarket activity on Monday.