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Baltimore, Maryland-based T. Rowe Price Group, Inc. (TROW) is a publicly owned investment manager that provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Valued at $24.3 billion by market cap, the company provides investment advisory services and manages a broad range of U.S. and international stock, blended asset, bond, and money market mutual funds and other investment portfolios. The leading asset management firm is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Friday, Nov. 1.
Ahead of the event, analysts expect TROW to report a profit of $2.32 per share on a diluted basis, up 6.9% from $2.17 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
