NASDAQ$TROW
T Rowe Price Group Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
T. Rowe Price experienced increased AUM and revenues, but also faced net outflows during the quarter.
T. Rowe Price reported an increase in assets under management (AUM) to $1.54 trillion and net revenues of $1.75 billion for Q1 2024. Diluted EPS increased to $2.49, and adjusted EPS reached $2.38. However, the company faced net outflows of $8.0 billion during the quarter.
- Assets Under Management (AUM) increased to $1.54T.
- Net revenues reached $1,750.2M.
- Diluted GAAP Earnings per Share (EPS) was $2.49.
- Net outflows were $8.0B.
Headline financials
Revenue & EPS history
T. Rowe Price · Revenue · Quarterly
$1.75B
Revenue by segment
T. Rowe Price · $1.53B total across 2 segments · Q3 2023
- Advisory fees$1.46B—95.7%
- CABI$66.1M—4.3%
Forward guidance
Basis for Operating Expense Guidance
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.1%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.9%
Avg return
30 days after
52%
38 / 73 earnings
Positive
+9.8%
Q1 2020
Best reaction
-8.9%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +2.4% | +3.6% | +4.1% | |
| Q1 2026 | +2.1% | +3.6% | +4.1% | |
| Q3 2025 | -0.5% | +0.2% | +0.2% | |
| Q1 2025 | +3.8% | +3.7% | +6.2% | |
| Q4 2024 | -4.2% | -5.1% | -12.9% | |
| Q3 2024 | +2.4% | +10.4% | +12.7% | |
| Q2 2024 | -2.1% | -1.1% | -5.1% | |
| Q1 2024 | +3.0% | +1.4% | +8.6% | |
| Q4 2023 | -3.1% | -4.5% | +7.5% | |
| Q3 2023 | -3.0% | -1.9% | +5.9% | |
| Q2 2023 | +5.3% | +1.2% | -6.3% | |
| Q1 2023 | -5.0% | -3.4% | -2.6% | |
| Q4 2022 | -0.3% | -0.1% | -5.6% | |
| Q3 2022 | -0.4% | -2.2% | +14.7% | |
| Q2 2022 | +2.5% | +1.8% | -0.6% | |
| Q1 2022 | -6.1% | -1.9% | -0.9% | |
| Q4 2021 | -4.3% | -0.6% | -7.3% | |
| Q3 2021 | +6.4% | +6.4% | -0.5% | |
| Q2 2021 | +0.6% | +3.4% | +9.8% | |
| Q1 2021 | -0.3% | +1.2% | +6.5% | |
| Q4 2020 | -0.0% | +0.6% | +3.6% | |
| Q3 2020 | -7.6% | -3.6% | +6.2% | |
| Q2 2020 | +0.4% | +2.6% | +3.9% | |
| Q1 2020 | +9.8% | +3.7% | +13.3% | |
| Q4 2019 | +4.0% | +2.5% | -10.1% | |
| Q3 2019 | +4.9% | +8.7% | +11.7% | |
| Q2 2019 | +3.1% | +4.0% | -4.5% | |
| Q1 2019 | +0.1% | -0.2% | -3.5% | |
| Q4 2018 | +0.8% | +2.6% | +8.5% | |
| Q3 2018 | +0.0% | +2.5% | +0.8% | |
| Q2 2018 | +0.2% | -3.2% | -4.9% | |
| Q1 2018 | +4.6% | +6.0% | +13.0% | |
| Q4 2017 | -5.0% | -6.5% | -6.4% | |
| Q3 2017 | -1.2% | -2.4% | +2.9% | |
| Q2 2017 | +4.7% | +1.5% | +1.7% | |
| Q1 2017 | -3.4% | -2.4% | -4.1% | |
| Q4 2016 | -6.5% | -9.1% | -3.0% | |
| Q3 2016 | -3.5% | -3.8% | +12.2% | |
| Q2 2016 | -4.1% | -4.1% | -6.8% | |
| Q1 2016 | +0.6% | — | — | |
| Q4 2015 | +7.1% | — | — | |
| Q3 2015 | +6.8% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | -0.9% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +3.2% | — | — | |
| Q3 2013 | -2.7% | — | — | |
| Q2 2013 | -4.8% | — | — | |
| Q1 2013 | -6.0% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | -1.5% | — | — | |
| Q1 2012 | +3.6% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2011 | -8.9% | — | — | |
| Q2 2011 | -6.7% | — | — | |
| Q1 2011 | +2.6% | — | — | |
| Q4 2010 | +0.2% | — | — | |
| Q3 2010 | +3.8% | — | — | |
| Q2 2010 | -2.0% | — | — | |
| Q1 2010 | +1.2% | — | — | |
| Q1 2008 | -0.3% | — | — | |
| Q4 2007 | -0.3% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q3 2009 | +9.2% | — | — | |
| Q3 2008 | +9.2% | — | — | |
| Q2 2009 | +0.3% | — | — | |
| Q1 2009 | +0.3% | — | — | |
| Q2 2008 | +0.3% | — | — | |
| Q4 2008 | +0.3% | — | — |
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