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

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

Rating:Barron's Weighs In On T. Rowe's Earning's  Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 26, 2010

Barron's Weighs In On T. Rowe's Earning's

News summary by MFWire's editors

T. Rowe Price Group [see profile] reported third-quarter 2010 earnings per share of 64 cents, seven percent above a street estimate of 60 cents, Barron's reports. The MFWire reported on the company's earning's last week.

In additon, Barron's says T. Rowe is reducing its fourth-quarter 2010 EPS estimate to 61 cents to reflect the announced $17 million pretax (four cents per share) charge related to money market funds as well as $10 million (two cents per share) of sequentially-higher marketing spending.

But T. Rowe is raising its 2011 EPS estimate by 3.5 percent to $2.89 primarily to reflect a higher level of third-quarter 2010 ending AUM. "Embedded in our estimate are a 44.5 percent operating margin and 6.7 percent organic growth ($30 billion of net flows)," it said.  

Edited by: Hung Tran


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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use