SPX4,283.74+9.70 0.23%
DIA340.58+0.38 0.11%
IXIC12,965.34+27.22 0.21%

Recap: T. Rowe Price Q2 Earnings

  T. Rowe Price Gr (NASDAQ:TROW) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:48

 

T. Rowe Price Gr (NASDAQ:TROW) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

T. Rowe Price Gr missed estimated earnings by 19.0%, reporting an EPS of $1.79 versus an estimate of $2.21.

Revenue was down $416.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 4.89% drop in the share price the next day.

Here's a look at T. Rowe Price Gr's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.74 3.12 3.30 3.16
EPS Actual 2.62 3.17 3.27 3.31
Revenue Estimate 1.89B 1.94B 1.96B 1.88B
Revenue Actual 1.86B 1.96B 1.95B 1.93B

To track all earnings releases for T. Rowe Price Gr VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.