Investing.com - T Rowe reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
T Rowe announced earnings per share of $2.89 on revenue of $1.7B. Analysts polled by Investing.com anticipated EPS of $2.74 on revenue of $1.68B.
T Rowe shares are up 2.82% from the beginning of the year and are trading at $156.50 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 2.97% 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 Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on Wednesday, January 20, 2021 with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar