T. Rowe Price Group (TROW) Tops Q2 EPS by 6c, Slight Miss on Revenues
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T. Rowe Price Group Reports Second Quarter 2018 Results
July 25, 2018 7:32 AM EDTBALTIMORE, July 25, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its second quarter of 2018 results, including net revenues of $1.3 billion, net income of $448.9 million, and diluted earnings per common share of $1.77. For the second quarter of 2017, net revenues were $1.2 billion, net income was $373.9 million, and diluted earnings per share was $1.50. On a non-GAAP basis, diluted earnings per share for the second quarter of 2018 was $1.87, compared with $1.28 in the 2017 quarter.
Financial Highlights
The table below presents financial results on a U.S. GAAP... More
