T. Rowe Price Group Reports Q1 Earnings with Adjusted EPS Growth and ETF Product Momentum
T. Rowe Price Group reported adjusted earnings per share of $2.52 for the first quarter, a 13% increase year-over-year, despite experiencing net outflows of $13.7 billion. The firm's exchange-traded funds (ETFs) and separately managed accounts drove product growth with ETF AUM surpassing $25 billion.
Topics: alternatives aum earnings etf growth market volatility net outflows