Franklin Resources came out with earnings per share of 73 cents, in line with the Zacks Consensus Estimate. Lower revenues and higher operating expenses were recorded.
Franklin Resources (BEN) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
WisdomTree Investments (WETF) is likely to report lower asset under management in Q2 due to outflows in internationally hedged products.
Trading slump is expected to weigh on Barclays' (BCS) Q2 earnings while modest improvement in investment banking fees is expected.
Franklin Resources, Inc. (BEN) is scheduled to report fiscal third-quarter 2017 results, before the opening bell on Jul 28. Revenues and earnings are projected to decline year over year.
Lower expenses and provisions likely to support Santander Consumer's (SC) results. But, lower revenues might play spoilsport.
Improvement in revenues and asset under management might be hampered by higher expenses and drag Principal Financial's (PFG) second-quarter earnings.
T. Rowe Price Group, Inc. (TROW) reported positive earnings surprise of 0.8% for second-quarter 2017 on higher revenues and assets under management (AUM).
Decrease in used vehicle prices is likely to weigh on Ally Financial's (ALLY) Q2 earnings.
In the absence of any revenue catalyst, higher expenses on property, office and technology might dampen Invesco's (IVZ) Q2 earnings.
Raymond James' (RJF) Q3 earnings are anticipated to reflect modest growth in underwriting fees, while trading and advisory fees are expected to be headwinds.
Modest loan growth along with increasing interest rates might aid State Street's (STT) revenues. However, no major benefits to be achieved through cost-saving initiatives.
Zions' (ZION) Q2 earnings are expected to be supported by rising interest rates and loan growth.
With revenues and earnings projected to grow year over year, we expect T. Rowe Price Group, Inc. (TROW) to beat earnings expectations when it reports second-quarter 2017 results, before the opening bell on Jul 25.
Shares of BlackRock, Inc. (BLK), which are trading close to their 52-week high with a year-to-date gain of about 15%, might test highs post the company's second-quarter 2017 results on Jul 17.
Affiliated Managers Group, Inc. (AMG) recently announced that it acquired a minority equity interest in Wealth Partners Capital Group, LLC ("WPCG").
Franklin Resources (BEN) is in a good position to beat earnings at its next report as it has a favorable Zacks rank and positive Earnings ESP.
OM Asset Management plc (OMAM) seems to be an attractive bet now on the back of its strong fundamentals and growth prospects.
Moody's Investors Service, the rating services arm of Moody's Corporation (MCO), upgraded BlackRock, Inc.'s (BLK) outlook from stable to positive.