Core Viewpoint - T. Rowe Price Group, Inc. is preparing to announce its third-quarter results, with analysts projecting a slight decline in non-GAAP earnings per share compared to the previous year, while the stock has underperformed relative to broader market indices over the past year [2][4]. Financial Performance - The company is expected to report a non-GAAP profit of $2.49 per share for Q3, down 3.1% from $2.57 in the same quarter last year [2]. - For the full fiscal year 2025, analysts project a non-GAAP EPS of $9.38, a marginal increase from $9.33 in fiscal 2024, with further growth expected in fiscal 2026 to $10.03 per share, representing a 6.9% year-over-year increase [3]. - In Q2, T. Rowe's assets under management (AUM) increased by $110.5 billion to $1.68 trillion, although overall revenue dropped by 58 basis points year-over-year to $1.7 billion, missing consensus estimates [5]. Market Performance - T. Rowe Price's stock has decreased by 6.4% over the past 52 weeks, underperforming the Financial Select Sector SPDR Fund's 11.5% gains and the S&P 500 Index's 16.2% returns during the same period [4]. - Following the release of mixed Q2 results, the stock price increased by 1.6% [5]. Analyst Sentiment - Analysts maintain a cautious outlook on T. Rowe Price, with a consensus "Hold" rating. Among 14 analysts, there is one "Strong Buy," eight "Holds," one "Moderate Sell," and four "Strong Sells" [7]. - The stock is currently trading slightly below its mean price target of $106.92 [7].