Having missed analysts' estimates last quarter, T Rowe Price (TROW) gets a chance to make up for it as it delivers its latest earnings on Wednesday, July 25, 2012.

Expectations

Analysts currently expect T Rowe Price to come in with earnings of 80 cents per share on revenues of $761 million. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past two months, the average estimate has moved down from 83 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $6.65 per share between June 1, 2012 and June 20, 2012.

Company Fundamental Trends
While last quarter's drop snapped a string of revenue increases, the company will look to right itself during the upcoming earnings period. Revenue rose 23.7% in the second quarter of the last fiscal year, 14.4% in the third quarter of the last fiscal year and 3.3%in the fourth quarter of the last fiscal year before dropping in the first quarter. Net income has improved by a year-over-year average of 9.7% over the previous four quarters, and the company heads into its upcoming earnings announcement with solid profits of late.

Stock Ratings

Analysts think investors should stand pat on T Rowe Price with 11 of 19 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 1.5% to $197.5 million (75 cents a share) from $194.6 million (72 cents a share) the year earlier, but fell short analyst expectations. Revenue fell 46.4% to $733.8 million from $1.37 billion.

Summary

 

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012 before market open

EPS: 80 cents

Revenue Estimate: $761 million

 

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)