T. Rowe Price (TROW)

T. Rowe Price Friday reported a profit of $132.4 million, or 50 cents a share, down from $152.4 million, or 56 cents a share, a year earlier. Net revenue decreased 10% to $498.1 million. During the quarter, assets under management increased 16% to $366.2 billion as of Sept. 30, including $218.4 billion in mutual funds.
Analysts polled by Thomson Reuters most recently forecast earnings of 46 cents on revenue of $496 million.

Oct 23 · 10:17:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter