Reports Q3 revenue $1.79B, consensus $1.84B. Reports Q3 AUM $1.63T at quarter end. CEO Rob Sharps said, “We are seeing enough encouraging signs that we are on the right path. Our active ETF franchise is expanding, we are deepening our retirement leadership position with the launch of innovative retirement solutions, and our associates are advancing our strategic initiatives. Our long-term performance is solid and we remain on track to reduce net outflows this year.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TROW:
- TROW Earnings this Week: How Will it Perform?
- UPS among dividend stocks with yield of 4%-plus, Barron’s says
- T. Rowe Price price target raised to $127 from $125 at Morgan Stanley
- T. Rowe Price price target raised to $101 from $99 at Barclays
- T. Rowe Price reports preliminary AUM $1.63T as of September 30