T. Rowe Price Group (TROW) Tops Q4 EPS by 4c

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T. Rowe Price Group Reports Fourth Quarter 2017 Results

January 30, 2018 7:30 AM EST

BALTIMORE, Jan. 30, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its fourth quarter of 2017 results, including net revenues of $1.3 billion, net income of $347.1 million, and diluted earnings per common share of $1.37. For the fourth quarter of 2016, net revenues were $1.1 billion, net income was $379.8 million, and diluted earnings per common share was $1.50. On a non-GAAP basis, diluted earnings per share for the fourth quarter of 2017 was $1.52, compared with $1.21 in the 2016 quarter.

Financial HighlightsThe table below presents financial results on a U.S.... More