The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:T. Rowe Price, Off by a Penny Not Rated 4.0 Email Routing List Email & Route  Print Print
Wednesday, October 27, 2004

T. Rowe Price, Off by a Penny

by: Theresa Sim

While T. Rowe Price reported third quarter earnings up 25 percent from the same period last year, the earnings missed analysts' expectations by one penny.
The Baltimore, Maryland-based money manager reported diluted earnings per share of $0.62.

Assets under management were $212 billion at the end of the third quarter, $130.3 billion in U.S. mutual funds and $81.7 billion in separate accounts, subadvised funds and non-U.S. mutual funds.

Total assets under management increased by three percent, or $5.2 billion from $206.8 bill at the end of the second quarter.

Mutual fund assets grew more $2 billion from last quarter, an increase of one percent. Three-quarters of net inflows went to four funds -- the Growth Stock, Equity Income, Mid-Cap Value and Capital Appreciation funds.

T. Rowe said mutual fund inflows came from all channels, including retail, defined contribution retirement plans, and intermediary-sold. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use