T. Rowe Price (TROW) Q2 Earnings Top Estimates

Company Performance - T. Rowe Price reported quarterly earnings of $2.24 per share, exceeding the Zacks Consensus Estimate of $2.15 per share, but down from $2.26 per share a year ago, representing an earnings surprise of +4.19% [1] - The company posted revenues of $1.72 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.72%, and down from $1.73 billion year-over-year [2] - T. Rowe has surpassed consensus EPS estimates three times over the last four quarters but has not beaten consensus revenue estimates during the same period [2] Stock Outlook - T. Rowe shares have declined approximately 10.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.8% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $2.30 for the coming quarter and $8.93 for the current fiscal year, with revenues expected to be $1.8 billion and $7.12 billion respectively [7] Industry Context - The Financial - Investment Management industry, to which T. Rowe belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]