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T. Rowe Price Group, Inc. (TROW), founded in 1937 and headquartered in Baltimore, Maryland, is a leading global asset management firm. With a market cap of $25.3 billion, T. Rowe Price offers a wide range of investment solutions, including mutual funds, advisory services, and retirement planning, to millions of clients worldwide. The company is set to announce its fourth-quarter earnings before the market opens on Wednesday, Feb. 5.
Ahead of the event, analysts expect TROW to report a profit of $2.25 per share on a diluted basis, up 30.8% from $1.72 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.