T. Rowe Price Group
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict T. Rowe Price Group's revenues will expand 16.3% and EPS will grow 20.3%.
The average estimate for revenue is $857.2 million. On the bottom line, the average EPS estimate is $0.95.
Last quarter, T. Rowe Price Group logged revenue of $815.7 million. 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.
Last quarter, EPS came in at $0.91. 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.
For the preceding 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.
The full year's average estimate for revenue is $3.44 billion. The average EPS estimate is $3.85.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 374 members out of 403 rating the stock outperform, and 29 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 128 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.
Looking for alternatives to T. Rowe Price Group? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add T. Rowe Price Group to My Watchlist.