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T. Rowe Price Group Q4 2022 Earnings Report

T. Rowe Price Group logo
$116.12 +3.15 (+2.79%)
(As of 12/20/2024 05:51 PM ET)

T. Rowe Price Group EPS Results

Actual EPS
$1.74
Consensus EPS
$1.72
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$3.17

T. Rowe Price Group Revenue Results

Actual Revenue
$1.54 billion
Expected Revenue
$1.53 billion
Beat/Miss
Beat by +$10.06 million
YoY Revenue Growth
-21.40%

T. Rowe Price Group Announcement Details

Quarter
Q4 2022
Time
Before Market Opens
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T. Rowe Price Group Earnings Headlines

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T. Rowe Price price target raised to $132 from $129 at Morgan Stanley
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About T. Rowe Price Group

T. Rowe Price Group (NASDAQ:TROW) is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

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