TROW Earnings Prediction
The chart below shows how TROW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TROW sees a +2.76% change in stock price 10 days leading up to the earnings, and a +0.84% change 10 days following the report. On the earnings day itself, the stock moves by -0.63%. This data can give you a slight idea of what to expect for the next quarter's release.
TROW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.82B
6.88%
-0.12%
Gross Margin
--
--
--
Operating Margin
31.99%
18.53%
-11.31%
Net Margin
22.95%
-17.27%
-34.54%
EPS
1.92
1.05%
-27.27%
No Data Available
TROW Earnings Analysis
T Rowe Price Group Inc Corporation (TROW.O) Earnings Conference Call
Positive
Asset Retention Improvement: Net outflows for the year were reduced by nearly half year over year and 30% from 2022, indicating significant improvement in asset retention.
ETF Market Growth: The ETF business closed the year with almost $8 billion in assets under management, showcasing strong growth and market acceptance.
Franchise Net Inflows: The target date franchise achieved net inflows of $16.3 billion for the year, reinforcing its position as an industry leader.
Successful ETF Adoption: Thirteen out of seventeen launched ETFs are scaled with at or over $100 million in assets under management, demonstrating successful product adoption.
Market Expansion Strategy: The company launched its first target date portfolios for Canadians, indicating expansion into new markets and increased interest in customized solutions.
Negative
Earnings Per Share Miss: T. Rowe Price reported Q4 2024 EPS of $2.12, missing expectations of $2.20, indicating a shortfall of 3.6%.
Net Outflows Challenge: The company experienced net outflows of $43.2 billion for the year, reflecting a significant challenge in retaining assets under management.
Stagnant Asset Management Growth: Despite a reduction in net outflows year-over-year, the total assets under management remained stagnant at $1.6 trillion, showing no growth in overall asset base.
Redemption Trends and Revenue Impact: The pace of redemptions, although slowing, still indicates a concerning trend with continued outflows impacting revenue generation.
ETF Market Penetration Analysis: The ETF business, while growing, only accounted for $8 billion in assets under management, which is relatively small compared to the overall $1.6 trillion, highlighting limited market penetration.
TROW FAQs
How does TROW typically perform around its earnings report dates?
Is T Rowe Price Group Inc (TROW) Q4 2024 Earnings Call Summary positive or negative?
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TROW Earning Call Sentiment
T. Rowe Price Group, Inc. (NASDAQ:TROW) Q4 2024 Earnings Call Transcript
TROW.O
-0.96%Positive
The earnings call presented mixed signals: strong initiatives in ETFs and target date franchises, a significant share repurchase program, and improving investment performance are positives. However, the EPS miss, competitive pressures, and substantial net outflows temper enthusiasm. The Q&A highlighted strategic partnerships and growth opportunities but also revealed some avoidance of specifics. Overall, the sentiment is balanced, leading to a neutral prediction for stock movement.
