T. Rowe Price is positioned to beat consensus estimates again in its next quarterly report, according to Zacks Investment Research. The financial services firm has topped earnings estimates in each of its last two reports, with an average surprise of 4.16%. In the most recent quarter, T. Rowe reported earnings of $2.57 per share versus the Zacks Consensus Estimate of $2.52 per share, a surprise of 1.98%, after beating the prior quarter's $2.37 per share estimate with earnings of $2.52 per share, a surprise of 6.33%. T. Rowe currently carries an Earnings ESP of +2.93% and a Zacks Rank #3 (Hold), a combination that Zacks research shows produces a positive surprise nearly 70% of the time.
T. Rowe Price Group IncZacks sees T. Rowe Price beating consensus estimates again, citing a positive Earnings ESP of +2.93% and a history of topping estimates.
