T. Rowe Price Q3 Earnings Fall to $595.1 Million as EPS Slips to $2.79

T. Rowe Price Group (TROW) reported third-quarter earnings of $595.1 million, or $2.79 per share, down from $631.4 million, or $2.87 per share, in the same period last year. Excluding items, the Baltimore-based asset manager posted adjusted earnings of $629.5 million, or $2.86 per share. Revenue rose 5.9% to $2.004 billion from $1.893 billion a year earlier, even as the bottom line retreated.