T. Rowe Price Group Inc. beat profit projections in the third quarter as revenue and assets under management grew despite what CEO William J. Stromberg characterized as a “choppy market environment.” The Baltimore-based money manager reported net income of $545.9 million, or $2.23 per share, down 6.4% from $583 million, or $2.30 per share, in the prior-year quarter. T. Rowe Price’s earnings were up on an adjusted basis, which is the number analysts use. T. Rowe Price’s adjusted profit was up 3.3%…
from https://www.bizjournals.com/baltimore/news/2019/10/24/t-rowe-price-overcomes-choppy-market-environment.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188562774452
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