Earnings Preview: Invesco EPS, Revenue Expected to Rise from Previous Quarter

Invesco IVZ announces its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings report.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of 43 cents per share and revenues of $1.08 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's EPS of 51 cents per share on revenues of $1.27 billion. We'll know on Tuesday whether Invesco has managed the estimated 59.3% increase in EPS and 33% rise in revenues on a year-over-year basis.

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

Quarter Q1 Q4 Q3 Q2
EPS Estimate $0.42 $0.40 $0.35 $0.27
EPS Actual $0.41 $0.44 $0.39 $0.27

Stock Performance:

At last check, shares of Invesco were trading at $21.84. Since January 1st, shares of Invesco have declined 8.4%. For a full 12 months, the return has declined by 1.3%. 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 stayed consistent over the past three months.

Competitors:

Want to check out the performance of Invesco closest competitors? Take a look at some of the company's peers in the financials sector.
  • AllianceBernstein AB: Moderate Sell with a $0.41 recent quarter EPS
  • Affiliated Managers Group AMG: Moderate Buy with a $1.60 recent quarter EPS
  • BlackRock BLK: Moderate Buy with a $2.96 recent quarter EPS
  • Blackstone Group L.P BX: Moderate Buy with a $0.51 recent quarter EPS

Invesco is in the finance-investment management industry, which has experienced price/earnings growth of 1.2%.

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're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

  • To see up-to-date news on Invesco, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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Posted In: EarningsNewsShort IdeasPreviewsTrading IdeasAsset Management & Custody BanksFinancials
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