T. Rowe Price reports Q4 adjusted EPS $2.12, consensus $2.20

Reports Q4 revenue $1.82B, consensus $1.87B. Rob Sharps, chair, CEO, and president, commented, “We are growing our ETF business, expanding our position in the insurance channel, and extending our target date franchise into Canada. We closed 2024 with $1.6 trillion in AUM and $43.2 billion in 2024 net outflows-which we reduced by nearly half year over year. I am optimistic that we remain on the path to positive flows, and we are on pace to further reduce outflows again this year.”