T. Rowe Price(US:TROW) ZACKSยท2025-05-02 14:36Core Insights - T. Rowe Price reported revenue of $1.76 billion for the quarter ended March 2025, reflecting a year-over-year increase of 0.8% but a slight miss against the Zacks Consensus Estimate of $1.77 billion, resulting in a revenue surprise of -0.39% [1] - The company's EPS for the quarter was $2.23, down from $2.38 in the same quarter last year, but it exceeded the consensus EPS estimate of $2.09, leading to an EPS surprise of +6.70% [1] Financial Performance Metrics - Assets Under Management (EOP) for Equity stood at $773.4 billion, below the average estimate of $806.24 billion [4] - Multi-asset Assets Under Management (EOP) were reported at $544.4 billion, compared to the average estimate of $553.12 billion [4] - Total Assets Under Management reached $1,566.3 billion, missing the average estimate of $1,607.56 billion [4] - Total net cash inflows were negative at $-8.6 billion, contrasting with the average estimate of $9.37 billion [4] - Net revenues from capital allocation-based income were reported at -$1.20 million, significantly lower than the estimated $6.07 million, marking a year-over-year decline of -102.6% [4] - Administrative, distribution, and servicing fees generated net revenues of $156.30 million, exceeding the average estimate of $142.50 million, representing a year-over-year increase of +4.8% [4] - Investment advisory fees totaled $1.60 billion, slightly below the estimated $1.61 billion, but reflecting a year-over-year increase of +2.9% [4] - Investment Advisory Fees from Alternatives were reported at $80.90 million, surpassing the estimated $72.05 million, with a year-over-year increase of +9.2% [4] - Multi-asset Investment Advisory Fees generated $454.70 million, slightly below the average estimate of $459.77 million, with a year-over-year increase of +5.8% [4] - Fixed income Investment Advisory Fees, including money market, were reported at $103.60 million, below the average estimate of $108.38 million, with a year-over-year increase of +3% [4] - Performance-based advisory fees were reported at $10.40 million, exceeding the estimated $10.09 million [4] - Equity Investment Advisory Fees totaled $959.20 million, slightly above the average estimate of $959.01 million, with a year-over-year increase of +1% [4] Stock Performance - T. Rowe Price shares returned +2.2% over the past month, outperforming the Zacks S&P 500 composite, which declined by -0.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]