Investment management company T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) has announced financial results for the second quarter of 2023, reporting higher earnings and revenues.
- Second-quarter net revenues increased 6.4% year-over-year to $1.61 billion from $1.51 billion a year earlier
- Net income attributable to the company was $476.4 million in the three-month period, up 40% year-over-year
- On a per-share basis, second-quarter earnings moved up to $2.06 per share from $1.46 per share last year
- Adjusted net income was $2.02 per share in the June quarter, up 12.8% year-over-year
- At the end of the quarter, the company had assets under management of $1.40 billion, up 6.8% year-over-year
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to