|Day's Range||81.98 - 84.46|
|52 Week Range||62.97 - 84.46|
|PE Ratio (TTM)||16.42|
|Dividend & Yield||2.28 (2.81%)|
|1y Target Est||N/A|
A strong stock market in the second quarter boosted T. Rowe Price Group Inc.'s financials, giving the Baltimore investment firm higher profits, revenue and assets under management. T. Rowe reported net income of $373.9 million, or $1.50 per share, for the quarter ended June 30. The 2016 results included a nonrecurring operating charge of $166.2 million related to T. Rowe's settlement over a proxy error involving Dell Inc.
On a per-share basis, the Baltimore-based company said it had net income of $1.50. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
These earnings reports not only demonstrate the past quarter???s solid performance, but they also preview its financial outlook over its next operational quarter.