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Barchart
Sohini Mondal

What You Need to Know Ahead of T. Rowe Price Group's Earnings Release

Baltimore, Maryland-based T. Rowe Price Group, Inc. (TROW), a global investment management firm with a market cap of $26.5 billion, provides comprehensive financial services, including mutual funds and investment planning across international markets. The company is expected to release its fiscal Q2 earnings results before the market opens on Friday, Jul. 26.

Ahead of this event, analysts expect TROW to report a profit of $2.24 per share, up 10.9% from $2.02 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. Higher investment advisory fees helped the company surpass the consensus EPS estimate by 18.4% in the most recent quarter.

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