Earnings ·
T. Rowe Price reports Q3 diluted EPS of $2.79 and net client outflows of $28.3 billion
TROWPrice T Rowe Group Inc
T. Rowe Price Group reported third-quarter 2026 results with diluted earnings per share of $2.79, a decrease from $2.87 in the prior year period. Net revenues increased 5.9% to $2.0 billion, driven by higher investment advisory fees and capital allocation-based income. The firm experienced net client outflows of $28.3 billion, reducing assets under management to $1.9 trillion. Operating expenses declined 1.2% year-over-year to $1.24 billion, aided by a restructuring charge reversal compared to the prior year's higher costs. T. Rowe Price Group is a leading global asset management firm managing retirement and investment products for clients worldwide.