T. Rowe Price Group, Inc. (TROW) Q2 2023 Earnings Call Transcript

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Q2: 2023-07-28 Earnings Summary

EPS of $2.02 beats by $0.29
 | Revenue of $1.61B (6.42% Y/Y) beats by $16.98M

T. Rowe Price Group, Inc. (NASDAQ:TROW) Q2 2023 Earnings Conference Call July 28, 2023 8:00 AM ET

Company Participants

Linsley Carruth - Director of Investor Relations
Rob Sharps - Chief Executive Officer and President
Jen Dardis - Chief Financial Officer

Conference Call Participants

Ken Worthington - JPMorgan
Finian O'Shea - Wells Fargo Securities
Dan Fannon - Jefferies
Craig Siegenthaler - Bank of America
Glenn Schorr - Evercore
Brian Bedell - Deutsche Bank
Brennan Hawken - UBS
Mike Brown - KBW
Patrick Davitt - Autonomous
Michael Cyprys - Morgan Stanley

Operator

Good morning. My name is Gigi, and I'll be your conference facilitator today. Welcome to T. Rowe Price's Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period. I will give you instructions on how to ask questions at that time. As a reminder, this call is being recorded, and will be available for replay on T. Rowe Price's website shortly after the call concludes.

I will now turn the call over to Linsley Carruth, T Rowe Price's Director of Investor Relations.

Linsley Carruth

Hello, and thank you for joining us today for our second quarter earnings call.

The press release and a supplemental materials document can be found on our IR website at investors.troweprice.com. Today's call will last approximately 45 minutes. Our CEO and President, Rob Sharps, and CFO, Jen Dardis, will discuss the company's results for about 15 minutes, and then we'll open it up to your questions. We ask that you limit it to one question per participant.

I'd like to remind you that during the course of this call, we may make a number of forward-looking statements and reference certain non-GAAP financial measures. Please refer to the forward-looking statement language and the reconciliations to GAAP in the supplemental materials as

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