T. Rowe Price Gr Q2 Adj. EPS $2.02 Beats $1.71 Estimate, Sales $1.61B Beat $1.58B Estimate
Portfolio Pulse from Bill Haddad
T. Rowe Price Gr (NASDAQ:TROW) reported Q2 earnings of $2.02 per share, beating the analyst consensus estimate of $1.71 by 18.13%. This is a 12.85% increase from the same period last year. The company also reported quarterly sales of $1.61 billion, beating the analyst consensus estimate of $1.58 billion by 1.96%, a 6.41% increase from the same period last year.
July 28, 2023 | 11:03 am
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POSITIVE IMPACT
T. Rowe Price Gr's Q2 earnings and sales beat estimates, which could lead to a positive short-term impact on the stock.
T. Rowe Price Gr reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and demand for the stock, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100