Investing.com - T Rowe reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
T Rowe announced earnings per share of $2.55 on revenue of $1.6B. Analysts polled by Investing.com anticipated EPS of $2.57 on revenue of $1.58B.
T Rowe shares are up 12% from the beginning of the year and are trading at $137.14 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.25% from the start of the year.
T Rowe follows other major Financial sector earnings this month
T Rowe's report follows an earnings beat by JPMorgan on Tuesday, October 13, 2020, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar