T. Rowe: Q2 Earnings Snapshot

BALTIMORE (AP) — BALTIMORE (AP) — T. Rowe Price Group Inc. (TROW) on Friday reported second-quarter earnings of $483.4 million.

The Baltimore-based company said it had profit of $2.11 per share. Earnings, adjusted for one-time gains and costs, were $2.26 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.25 per share.

The financial services firm posted revenue of $1.73 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.79 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TROW at https://www.zacks.com/ap/TROW