earnings
confidence high
sentiment positive
materiality 0.70
T. Rowe Price Q4 adj EPS $2.12 (+23% YoY); FY net outflows cut to $43.2B
PRICE T ROWE GROUP INC
2024-FY EPS reported
$9.15
revenue$7,093,600,000
- GAAP Q4 EPS $1.92, FY $9.15; adjusted Q4 EPS $2.12, FY $9.33.
- Q4 net revenues $1.82B (+11% YoY); AUM $1.61T at year-end.
- FY 2024 net outflows $43.2B, reduced by nearly half vs FY23's $84.1B.
- Returned $1.5B to stockholders in 2024 via dividends and buybacks.
- CEO cites progress in ETF, insurance, and Canada target-date; path to positive flows.