T. Rowe Price Group, Inc.’s TROW first-quarter 2026 adjusted earnings per share (EPS) of $2.52 surpassed the Zacks Consensus Estimate of $2.37. Nevertheless, the bottom line increased 13% year over year.

Shares of the company gained 1.7% in the early trading session following the release of better-than-expected results. A full day’s trading session will depict a clearer picture.

TROW’s results benefited from higher investment advisory fees and a rise in assets under management (AUM). Positive capital allocation-based income was also encouraging. However, higher expenses acted as a headwind.

The results included certain items. After considering those, net income attributable to T. Rowe Price (on a GAAP basis) was $498.2…