T. Rowe: Q3 Earnings Snapshot

BALTIMORE (AP) _ T. Rowe Price Group Inc. (TROW) on Thursday reported third-quarter profit of $777.2 million.

On a per-share basis, the Baltimore-based company said it had profit of $3.31. Earnings, adjusted for non-recurring gains, were $3.27 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.

The financial services firm posted revenue of $1.95 billion in the period.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TROW at https://www.zacks.com/ap/TROW

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