T. Rowe Price Group (TROW) Misses Q3 EPS by 8c
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T. Rowe Price Group Reports Third Quarter 2015 Results
October 22, 2015 7:34 AM EDTBALTIMORE, Oct. 22, 2015 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its third quarter of 2015 results, including net revenues of $1.05 billion, net income of $277.1 million, and diluted earnings per common share of $1.06. On a comparable basis, net revenues were $1.02 billion, net income was $303.6 million, and diluted earnings per common share was $1.12 in the third quarter of 2014. Weighted-average common stock outstanding has decreased since the end of 2014 as the firm has repurchased 11.2 million shares, or 4%, of its outstanding common stock during 2015.
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