Invesco (NYSE:IVZ) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Invesco to post earnings of $0.50 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Invesco (NYSE:IVZ) last issued its quarterly earnings results on Wednesday, January 30th. The asset manager reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.10). Invesco had a net margin of 16.61% and a return on equity of 10.96%. The company had revenue of $919.20 million for the quarter, compared to the consensus estimate of $913.37 million. During the same quarter in the previous year, the business earned $0.73 earnings per share. Invesco’s revenue was down 8.5% compared to the same quarter last year. On average, analysts expect Invesco to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NYSE:IVZ opened at $21.38 on Tuesday. Invesco has a 1-year low of $15.38 and a 1-year high of $31.47. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.85. The firm has a market cap of $8.55 billion, a PE ratio of 8.80, a P/E/G ratio of 1.10 and a beta of 1.53.

Several equities analysts have recently weighed in on the company. Edward Jones downgraded Invesco from a “buy” rating to a “hold” rating in a report on Thursday, April 11th. Wells Fargo & Co lifted their price objective on Invesco from $19.00 to $21.00 and gave the stock a “market perform” rating in a report on Tuesday, March 19th. Zacks Investment Research upgraded Invesco from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Wednesday, April 10th. Barclays downgraded Invesco from an “overweight” rating to an “equal weight” rating and set a $19.00 price objective for the company. in a report on Thursday, January 31st. Finally, Credit Suisse Group reiterated a “hold” rating on shares of Invesco in a report on Thursday, January 31st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $22.20.

In other news, major shareholder Ltd. Invesco bought 425,531 shares of the company’s stock in a transaction on Friday, February 8th. The shares were acquired at an average cost of $2.64 per share, with a total value of $1,123,401.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Rod Canion bought 10,000 shares of the company’s stock in a transaction on Friday, February 8th. The stock was purchased at an average cost of $17.97 per share, for a total transaction of $179,700.00. Following the completion of the transaction, the director now directly owns 64,451 shares of the company’s stock, valued at approximately $1,158,184.47. The disclosure for this purchase can be found here. Insiders purchased a total of 455,531 shares of company stock valued at $1,680,902 over the last quarter. 1.90% of the stock is owned by corporate insiders.

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About Invesco

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.

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Earnings History for Invesco (NYSE:IVZ)

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