Invesco Earnings Preview: Analysts Expect Higher EPS, Revenue

Invesco (NYSE: IVZ) unveils its next round of earnings this Monday, October 24, 2011. Here's Benzinga's advanced look at Invesco's third quarter earnings report.

Earnings and Revenue:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 41 cents/share and revenues of $1.06 billion. Invesco's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 39 cents/share on revenues of $742.8 million. Can Invesco manage the estimated 5.1% rise in EPS and 42.7% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Monday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

As of October 18, 2011, Invesco's current share price was $18.41. Since January 1st, shares of Invesco have declined 22.3%. For a full 12 months, the return has declined by 16.5%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

• Long-term shareholders are already wary of 12-month losses prior to the announcement

Average Stock Rating:

The average rating by analysts for Invesco is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Invesco's peers.

• AllianceBernstein (NYSE: AB): Moderate Sell with a $0.35 recent quarter EPS
• Affiliated Managers Group (NYSE: AMG): Moderate Buy with a $1.71 recent quarter EPS
• BlackRock (NYSE: BLK): Moderate Buy with a $3.00 recent quarter EPS
• Blackstone Group L.P (NYSE: BX): Hold with a $0.63 recent quarter EPS

The finance-investment management company's industry has seen price/earnings growth of 1.1% during the current fiscal year.

Finally, a description of the company's main areas of operation: Invesco is a global investment management company providing retail, institutional and high-net-worth clients around the world with innovative solutions.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Invesco earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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