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Mar 31, 2024
T. Rowe Price Q1 2024 Earnings Report
T. Rowe Price experienced increased AUM and revenues, but also faced net outflows during the quarter.
Key Takeaways
T. Rowe Price reported an increase in assets under management (AUM) to $1.54 trillion and net revenues of $1.75 billion for Q1 2024. Diluted EPS increased to $2.49, and adjusted EPS reached $2.38. However, the company faced net outflows of $8.0 billion during the quarter.
Assets Under Management (AUM) increased to $1.54T.
Net revenues reached $1,750.2M.
Diluted GAAP Earnings per Share (EPS) was $2.49.
Net outflows were $8.0B.
Forward Guidance
Basis for Operating Expense Guidance
Historical Earnings Impact
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Avg. Return Before/After Earnings
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