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
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
