T. Rowe Price (TROW) Laps the Stock Market: Here’s Why
T. Rowe Price (TROW) closed at $93.21 in the latest trading session, marking a +1.78% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.94%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 1.52%.
Coming into today, shares of the financial services firm had lost 6.61% in the past month. In that same time, the Finance sector lost 0.56%, while the S&P 500 gained 1.67%.
The investment community will be closely monitoring the performance of T. Rowe Price in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.99, marking a 11.95% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate…
