1. T. Rowe Price reported Q4 and full-year 2024 financial results today. 2. CEO Rob Sharps and CFO Jen Dardis to discuss performance and results. 3. The firm manages $1.61 trillion in assets under management as of Dec 2024. 4. Two-thirds of managed assets are related to retirement investments. 5. A replay of the earnings call will be available after the event.
Strong asset management and retirement focus may enhance confidence in TROW's future.
TROW's financial performance directly influences its stock valuation, especially with retirement assets.
Immediate earnings results could influence stock performance positively in the near term.
BALTIMORE, Feb. 5, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the fourth quarter and full year 2024. The earnings release can be found on the firm's website at troweprice.com/newsroom.
Chair, CEO, and President Rob Sharps, Chief Financial Officer Jen Dardis, and Head of Global Investments Eric Veiel will provide an update on business performance, review financial results, and answer questions on a webcast today from 8:00 - 8:45 AM (Eastern Time). To access the webcast or to obtain dial-in instructions to ask a question, please visit investors.troweprice.com.
Supplemental materials will be available on the firm's investor relations website shortly before the start of the call. A replay of the webcast will be available on the firm's investor relations website shortly after the event.
Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages $1.61 trillion in assets under management as of December 31, 2024. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.
SOURCE T. Rowe Price Group