Earnings call transcript: T. Rowe Price’s Q1 2026 EPS beats forecasts, stock dips
T. Rowe Price reported adjusted Q1 2026 EPS of $2.52, surpassing analyst forecasts of $2.36, yet its revenue of $1.86 billion slightly missed the $1.87 billion forecast. Despite the earnings beat, the stock dipped 0.47% in pre-market trading due to concerns over net revenue and continuing asset outflows, which totaled $13.7 billion. The company highlighted strong earnings growth driven by higher average AUM and lower operating expenses, and discussed strategic investments in its ETF platform and alternative offerings to combat outflows and market volatility.
https://www.investing.com/news/transcripts/earnings-call-transcript-t-rowe-prices-q1-2026-eps-beats-forecasts-stock-dips-93CH-4649462