T. Rowe Price Group, Inc. (NASDAQ:TROW ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Linsley Carruth - Director of IR Rob Sharps - Chair, CEO and President Jen Dardis - CFO Eric Veiel - Head of Global Investments Conference Call Participants Bill Katz - TD Cowen Benjamin Budish - Barclays Capital Glenn Schorr - Evercore ISI Craig Seigenthaler - Bank of America Dan Fannon - Jefferies Patrick Davitt - Autonomous Research Ken Worthington - JPMorgan Brennan Hawken - UBS Alexander Blostein - Goldman Sachs Operator Good morning. My name is Daniel, and I will be your conference facilitator today.
Although the revenue and EPS for T. Rowe (TROW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
T. Rowe Price (TROW) came out with quarterly earnings of $2.12 per share, missing the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $1.72 per share a year ago.
Asset management firm T. Rowe Price Group (TROW 0.24%) reported fourth-quarter and full-year 2024 earnings on Wednesday, Feb. 5, that fell short of analysts' consensus estimates.
TROW's fourth-quarter 2024 performance is likely to have been impacted by a decline in equity market performance and high expenses.
Get a deeper insight into the potential performance of T. Rowe (TROW) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
T. Rowe Price (TROW) concluded the recent trading session at $115.89, signifying a +1.38% move from its prior day's close.
T. Rowe (TROW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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T. Rowe Price (TROW) closed the most recent trading day at $112.84, moving -0.25% from the previous trading session.
T. Rowe (TROW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TROW's solid AUM balance and organic growth look encouraging. Its impressive capital distribution moves are added advantages.