secwatch.observer — SEC 8-K summary
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Issuer:     PRICE T ROWE GROUP INC (TROW)
CIK:        0001113169
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001113169-24-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T. Rowe Price Q2 adj EPS $2.26, revenue up 7.6% YoY; AUM $1.57T, net outflows $3.7B
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- GAAP diluted EPS $2.11; adjusted diluted EPS $2.26, up 11.9% YoY.
- Net revenues $1.733B (+7.6% YoY); investment advisory fees $1.586B (+10.8% YoY).
- Ending AUM $1.57T (+12.1% YoY); net client outflows of $3.7B in Q2.
- Returned $396M to stockholders via dividends and share repurchases in Q2.
- CEO notes steady flow progress; ETF AUM grew to $5.3B; on track to reduce net outflows in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113169/000111316924000018/0001113169-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113169/000111316924000018/trow-20240726.htm
  HTML page:      https://secwatch.observer/filing/0001113169-24-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer