Investing.com - T Rowe reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
T Rowe announced earnings per share of $3.01 on revenue of $1.83B. Analysts polled by Investing.com anticipated EPS of $2.96 on revenue of $1.8B.
T Rowe shares are up 18% from the beginning of the year and are trading at $180.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.37% from the start of the year.
T Rowe shares gained 0.16% in pre-market trade after the report.
T Rowe follows other major Financial sector earnings this month
T Rowe's report follows an earnings beat by JPMorgan on Wednesday, April 14, 2021, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on Thursday, April 15, 2021 with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar