T. Rowe Price Group, Inc. (TROW) Q1 2011 Earnings Results

Price T Rowe Group Misses on EPS, Stock Down 3.61%

The earnings report indicates that Price T Rowe Group faced challenges in the first quarter, resulting in a slight miss on EPS. The stock reacted negatively, dropping 3.61%, likely due to concerns raised by management about market conditions and the lack of guidance for future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.72	N/A	-3.49%

Management

Management commentary

Tone: Defensive

Management expressed concerns about the current market environment but remains focused on maintaining efficiency. They did not provide specific guidance for future quarters.

Management acknowledged the challenging market conditions.

They emphasized a focus on cost management and operational efficiency.

Price T Rowe Group Misses on EPS, Stock Down 3.61%

Key numbers

Management commentary

T. Rowe Price Group, Inc.

More earnings this week

Price T Rowe Group Misses on EPS, Stock Down 3.61%

Key numbers

Management commentary