T. Rowe Price: Q3 Earnings Insights

T. Rowe Price: Q3 Earnings Insights

T. Rowe Price Gr TROW reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

T. Rowe Price Gr beat estimated earnings by 2.76%, reporting an EPS of $1.86 versus an estimate of $1.81.

Revenue was down $366.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.42 which was followed by a 2.23% increase in the share price the next day.

Here's a look at T. Rowe Price Gr's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.21 2.74 3.12 3.30
EPS Actual 1.79 2.62 3.17 3.27
Revenue Estimate 1.75B 1.89B 1.94B 1.96B
Revenue Actual 1.51B 1.86B 1.96B 1.95B

To track all earnings releases for T. Rowe Price Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings