T. Rowe Price Group (TROW) Misses Q4 EPS by 22c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/5/2026

1. PTC
2. NVDA
3. PCVX
4. META
5. MSFT
6. SPY
7. GMAB
8. USO
9. GOOGL
10. AMD

Go back to T. Rowe Price Group (TROW) Misses Q4 EPS by 22c

T. Rowe Price Group Reports Fourth Quarter And Annual 2016 Results

January 26, 2017 7:30 AM EST

BALTIMORE, Jan. 26, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its fourth quarter of 2016 results, including net revenues of $1.1 billion, net income of $379.8 million, and diluted earnings per common share of $1.50. The firm recognized in its fourth quarter of 2016 operating expenses an insurance recovery of $100 million before taxes, or $.24 in diluted after-tax earnings per share. The recovery was a partial offset to the $166.2 million nonrecurring operating charge related to the Dell appraisal rights matter recorded in the second quarter of 2016.

Financial... More