Investing.com - T Rowe reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
T Rowe announced earnings per share of $1.86 on revenue of $1.59. Analysts polled by Investing.com anticipated EPS of $1.85 on revenue of $1.55B.
T Rowe shares are down 4% from the beginning of the year and are trading at $109.40 , down-from-52-week-high.
T Rowe shares gained 0.30% 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 Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar