T. Rowe Price Group (Nasdaq: TROW) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), T. Rowe Price Group met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue increased. GAAP earnings per share grew significantly.

Margins grew across the board.

Revenue details
T. Rowe Price Group recorded revenue of $815.7 million. The 14 analysts polled by S&P Capital IQ anticipated a top line of $817.9 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $728.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.91. The 22 earnings estimates compiled by S&P Capital IQ predicted $0.89 per share. GAAP EPS of $0.91 for Q1 were 21% higher than the prior-year quarter's $0.75 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 62.6%, 140 basis points better than the prior-year quarter. Operating margin was 45.7%, 230 basis points better than the prior-year quarter. Net margin was 29.7%, 260 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $857.7 million. On the bottom line, the average EPS estimate is $0.96.

Next year's average estimate for revenue is $3.47 billion. The average EPS estimate is $3.88.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 376 members out of 405 rating the stock outperform, and 29 members rating it underperform. Among 124 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give T. Rowe Price Group a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on T. Rowe Price Group is outperform, with an average price target of $72.10.

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