T. Rowe (TROW) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - T. Rowe Price reported revenue of $1.82 billion for the quarter ended December 2024, reflecting an 11.1% increase year-over-year, but fell short of the Zacks Consensus Estimate by 3.02% [1] - The company's EPS was $2.12, up from $1.72 in the same quarter last year, but also missed the consensus estimate of $2.23 by 4.93% [1] Financial Performance Metrics - Assets Under Management (EOP) for Equity stood at $829.7 billion, below the average estimate of $847.53 billion [4] - Multi-asset Assets Under Management (EOP) totaled $536 billion, compared to the average estimate of $549.88 billion [4] - Total Net Cash Inflows were reported at -$19.3 billion, worse than the average estimate of -$12.84 billion [4] - Total Assets Under Management reached $1,606.6 billion, below the average estimate of $1,640.43 billion [4] - Fixed Income Assets Under Management (EOP) was $188.1 billion, slightly below the estimate of $190.6 billion [4] Revenue Breakdown - Administrative, distribution, and servicing fees generated net revenues of $143.20 million, below the average estimate of $154 million, but showed a 1.9% increase year-over-year [4] - Investment advisory fees amounted to $1.67 billion, slightly below the estimate of $1.68 billion, but represented a 14.1% increase year-over-year [4] - Capital allocation-based income reported a loss of -$5.20 million, significantly lower than the average estimate of $40.06 million, marking a 112.9% decline year-over-year [4] - Multi-asset investment advisory fees were $473.80 million, exceeding the estimate of $470.95 million, with an 18.3% year-over-year increase [4] - Fixed income investment advisory fees reached $106.20 million, slightly above the estimate of $105.81 million, reflecting an 8.2% year-over-year increase [4] - Alternatives investment advisory fees were $81 million, below the estimate of $100.57 million, showing a 17.4% decline year-over-year [4] - Equity investment advisory fees matched the estimate at $1.01 billion, with a 16.4% increase year-over-year [4] Stock Performance - T. Rowe Price shares returned +2.2% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]