BALTIMORE (AP) 鈥� BALTIMORE (AP) 鈥� T. Rowe Price Group Inc. (TROW) on Thursday reported first-quarter earnings of $498.2 million.
The Baltimore-based company said it had profit of $2.23 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $2.52 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.37 per share.
The financial services firm posted revenue of $1.86 billion in the period, matching Street forecasts.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/TROW
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
