T. Rowe Price Group Earnings Preview: Analysts Expect Falling Revenue, Rising EPS Over Last Quarter

T. Rowe Price TROW unveils its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's essential guide to the company's second quarter earnings announcement.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS reading of 77 cents per share and revenues of $711.2 million. We'll have to wait for Tuesday to see if T. Rowe Price has accomplished the estimated 30.5% rise in EPS and 23.2% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

As of July 20, 2011, T. Rowe Price's current share price was $57.79. Since January 1st, shares of T. Rowe Price have declined 9.5%. For a full 12 months, the return has risen by 12.5%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for T. Rowe Price Group is a Hold. This rating has strengthened slightly over the past ninety days.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of T. Rowe Price Group's peers.

• Franklin Resources BEN: Moderate Buy with a $2.25 recent quarter EPS
• BlackRock BLK: Moderate Buy with a $2.96 recent quarter EPS
• Calamos Asset Management CLMS: Moderate Sell with a $0.23 recent quarter EPS
• Cohen & Steers CNS: Hold with a $0.30 recent quarter EPS

T. Rowe Price is in the finance-investment management industry, which has experienced price/earnings growth of 1.2%.

Finally, a description of the company's main areas of operation: T. Rowe Price, a financial services holding company, provides investment advisory services to individual and institutional investors in the sponsored mutual funds and other investment portfolios.

Take Action:

There is your peek into T. Rowe Price's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

• To see up-to-date news on T. Rowe Price Group, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here