T. Rowe Price Q1 Earnings Beat on Higher Revenues & AUM, Stock Gains

T. Rowe Price Group, Inc.’s (TROW) first-quarter 2025 adjusted earnings per share of $2.23 beat the Zacks Consensus Estimate of$2.09. Nonetheless, the bottom line decreased 6.3% year over year.Shares of TROW have rallied 1.9% in the pre-market trading on better-than-expected results.TROW's results benefited from higher investment advisory fees and a rise in assets under management (AUM). On the other hand, higher expenses and negative capital allocation-based income were headwinds. Net income attributable ...