MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 24, 2012 T. Rowe's Net Rises But Falls Short T. Rowe Price [profile] just reported a four percent year-over-year increase in first quarter earnings, and yet that still fell short of expectations [Q1 earnings report]. Bloomberg and Reuters both reported on the Baltimore-based mutual fund firm's results. T. Rowe earned $0.75 per share, up from $0.72 in Q1 2011, but below the $0.77 expected by analysts polled by the two wire services. The money manager received $12.4 billion of new money into its popular offerings and institutional accounts. Printed from: MFWire.com/story.asp?s=39823 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |