T. Rowe Price Group (TROW) Tops Q1 EPS by 3c

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Go back to T. Rowe Price Group (TROW) Tops Q1 EPS by 3c

T. Rowe Price Group Reports First Quarter 2018 Results

April 25, 2018 7:30 AM EDT

BALTIMORE, April 25, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its first quarter of 2018 results, including net revenues of $1.3 billion, net income of $453.7 million, and diluted earnings per common share of $1.77.  For the first quarter of 2017, net revenues were $1.1 billion, net income was

$385.9 million, and diluted earnings per share was $1.54. On a non-GAAP basis, diluted earnings per share for the first quarter of 2018 was $1.74, compared with $1.18 in the 2017 quarter.  The growth in the firm's diluted earnings per share year over year is... More