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T. Rowe Price (TROW) Q1 2026: EPS $2.23 Beats $2.20 Est., Revenue $1.857B Misses $1.858B Est. -- Still 18.7% Undervalued? GF Score 84/100
T. Rowe Price Group Inc (TROW) announced its Q1 2026 earnings, reporting GAAP diluted EPS of $2.23, surpassing the $2.20 estimate, while adjusted diluted EPS reached $2.52. Despite beating EPS expectations, net revenues of $1.857 billion fell slightly short of the $1.858 billion estimate. The firm’s ending AUM declined to $1.710 trillion due to market depreciation and client outflows, predominantly from equity strategies, though operating leverage and disciplined expense control supported overall earnings growth.