secwatch.observer — SEC 8-K summary
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Issuer:     PRICE T ROWE GROUP INC (TROW)
CIK:        0001113169
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001113169-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T. Rowe Price Q3 GAAP EPS $2.64, revenue $1.79B; AUM $1.63T with $12.2B outflows
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- GAAP diluted EPS $2.64 vs $1.97 YoY; adjusted diluted EPS $2.57 vs $2.17.
- Net revenues $1.79B, up 6.9% YoY; investment advisory fees $1.63B, up 11.5%.
- Total AUM $1.63T, up 21.1% YoY; net client outflows of $12.2B in Q3.
- Non-operating income $212.5M vs $2.8M YoY, driven by strong investment gains.
- Returned $354M to shareholders via quarterly dividend and share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113169/000111316924000028/0001113169-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113169/000111316924000028/trow-20241101.htm
  HTML page:      https://secwatch.observer/filing/0001113169-24-000028

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