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home / news releases / TROW - T. Rowe Price Group Inc. (TROW) Q1 2024 Earnings Call Transcript


TROW - T. Rowe Price Group Inc. (TROW) Q1 2024 Earnings Call Transcript

2024-04-26 10:41:09 ET

T. Rowe Price Group, Inc. (TROW)

Q1 2024 Earnings Conference Call

April 26, 2024 08:00 AM ET

Company Participants

Linsley Carruth - Director, IR

Robert Sharps - President & CEO

Jen Dardis - CFO & Treasurer

Dee Sawyer - Head of Global Distribution

Eric Veiel - Head of Global Equity & Chief Investment Officer

Conference Call Participants

Craig Siegenthaler - Bank of America

Michael Cyprys - Morgan Stanley

Daniel Fannon - Jefferies

Patrick Davitt - Autonomous Research

Brian Bedell - Deutsche Bank

Alexander Blostein - Goldman Sachs

Kenneth Worthington - JPMorgan

Brennan Hawken - UBS

Aidan Hall - KBW

Presentation

Operator

Good morning. My name is Norma, and I will be your conference facilitator today. Welcome to T. Rowe Price's First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until question-and-answer period. I’ll 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. Please go ahead.

Linsley Carruth

Hello, and thank you for joining us today for our first quarter earnings call. The press release and the 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; CFO, Jen Dardis, and Head of Global Distribution, Dee Sawyer, will discuss the company's results for about 20 minutes. Then, we'll open it up to your questions, at which time we'll be joined by Head of Global Investments, Eric Veiel. 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 material, as well as in our press release and 10-Q. All investment performance references to peer groups on today's call are using Morningstar peer groups.

Now I'll turn it over to Rob.

Robert Sharps

Linsley, thank you. And thank you all for joining us this morning for our first quarter update. Before I get started, I'm pleased to say that Dee Sawyer, our Head of Global Distribution and a member of our firm's Management Committee will be joining us today. Dee will provide an overview of our Retirement business, which is critical to our clients and integral to our firm's long-term success. We'll hear from Dee after Jen's update on our financial results....

For further details see:

T. Rowe Price Group, Inc. (TROW) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: T. Rowe Price Group Inc.
Stock Symbol: TROW
Market: NASDAQ
Website: troweprice.com

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