NEW YORK (TheStreet) -- Shares of Franklin Resources (BEN) - Get Report were higher in mid-afternoon trading on Tuesday ahead of the company's 2016 fourth quarter results, due out before tomorrow's opening bell.
Wall Street is projecting that earnings will increase year-over-year, while revenue will be lower than last year.
Analysts surveyed by FactSet are looking for earnings of 69 cents per share on revenue of $1.63 billion.
During the same quarter a year ago, the San Mateo, CA-based investment management firm earned 59 cents per diluted share on revenue of $1.87 billion.
Separately, TheStreet Ratings Team has a "Hold" rating with a score of C+ on the stock.
The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins.
But the team also finds weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: BEN