What to Expect from Invesco's Earnings

Invesco (NYSE:IVZ) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Invesco will report an earnings per share (EPS) of $0.42.

Investors in Invesco are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.03, leading to a 1.31% drop in the share price the following trading session.

Here's a look at Invesco's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.40

0.40

0.40

0.36

EPS Actual

0.43

0.33

0.47

0.35

Price Change %

-1.0%

-0.0%

-1.0%

-3.0%

Tracking Invesco's Stock Performance

Shares of Invesco were trading at $18.63 as of October 18. Over the last 52-week period, shares are up 41.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Invesco

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Invesco.

A total of 10 analyst ratings have been received for Invesco, with the consensus rating being Neutral. The average one-year price target stands at $17.5, suggesting a potential 6.07% downside.

Analyzing Ratings Among Peers

The below comparison ...