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...
READ MORE
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
Copyright
© 2023 . All rights reserved. This website is not intended for users located within the European Economic Area.