T. Rowe Price (TROW) Outperforms Broader Market: What You Need to Know

Company Performance - T. Rowe Price (TROW) closed at $103.28, reflecting a +1.54% change from the previous day, outperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, TROW shares have decreased by 8.8%, underperforming the Finance sector's gain of 1.42% and the S&P 500's gain of 4.83% [1] Upcoming Financial Results - T. Rowe Price is expected to report an EPS of $2.43, which represents a 5.45% decrease from the same quarter last year [2] - The consensus estimate for revenue is $1.83 billion, indicating a 2.28% increase compared to the same quarter of the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of $9.22 per share and revenue of $7.17 billion, reflecting changes of -1.18% and +1.1% respectively from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for T. Rowe Price are important as they indicate changing near-term business trends, with upward revisions suggesting analyst confidence in the company's profitability [4] Zacks Rank and Valuation - T. Rowe Price currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 11.03, which is lower than the industry average Forward P/E of 11.74 [6] - The Zacks Consensus EPS estimate has increased by 1.11% over the last 30 days [6] PEG Ratio - T. Rowe Price has a PEG ratio of 2.62, compared to the Financial - Investment Management industry's average PEG ratio of 1.18 [7] Industry Overview - The Financial - Investment Management industry is part of the Finance sector and currently holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [8]