07:52 AM EDT, 04/26/2024 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported Q1 adjusted earnings Friday of $2.38 per share, up from $1.69 a year earlier.

Analysts polled by Capital IQ expected $2.02.

Net revenue for the quarter ended March 31 was $1.75 billion, up from $1.54 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.70 billion.

T. Rowe Price ( TROW ) shares rose 3.5% in recent premarket trading.

Price: 112.66, Change: +3.83, Percent Change: +3.52