T. Rowe Price Surges on Earnings Beat Despite 408th-Ranked 310M Trading Volume and Missed Revenue Forecast

Generado por agente de IAAinvest Market Brief
viernes, 1 de agosto de 2025, 6:57 pm ET1 min de lectura

On August 1, 2025, T. Rowe Price Group (TROW) closed with a 1.59% gain, despite a 23.51% drop in daily trading volume to $310 million, ranking 408th in market cap activity. The firm reported Q2 earnings of $2.24 per share, surpassing the $2.15 average analyst estimate, while revenue of $1.72 billion fell short of the $1.74 billion forecast. A conference call featuring CEO Rob Sharps and CFO Jen Dardis is scheduled for 8:00-8:45 AM ET to discuss results in detail.

As of June 30, 2025, T. Rowe Price managed $1.68 trillion in client assets, with approximately two-thirds linked to retirement accounts. The firm emphasized its 85-year track record in investment research and client-focused strategies during its earnings disclosure. Supplemental materials for the investor call will be accessible via the company’s investor relations portal ahead of the live webcast.

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