T. Rowe Price Group (Nasdaq: TROW ) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), T. Rowe Price Group missed estimates on revenues and earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew.

Margins dropped across the board.

Revenue details
T. Rowe Price Group reported revenue of $736.8 million. The 15 analysts polled by S&P Capital IQ foresaw a top line of $754.1 million on the same basis. GAAP reported sales were 3.1% higher than the prior-year quarter's $714.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.79. The 21 earnings estimates compiled by S&P Capital IQ predicted $0.81 per share. GAAP EPS of $0.79 for Q2 were 3.9% higher than the prior-year quarter's $0.76 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 61.3%, 390 basis points worse than the prior-year quarter. Operating margin was 44.5%, 130 basis points worse than the prior-year quarter. Net margin was 28.1%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $768.5 million. On the bottom line, the average EPS estimate is $0.84.

Next year's average estimate for revenue is $3.03 billion. The average EPS estimate is $3.27.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 372 members out of 399 rating the stock outperform, and 27 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give T. Rowe Price Group a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on T. Rowe Price Group is outperform, with an average price target of $65.97.

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