Invesco Earnings Preview: Analysts Expect Higher EPS, Revenue

Invesco 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:

Quarter	Q2	Q1	Q4	Q3
EPS Estimate	$0.43	$0.42	$0.40	$0.35
EPS Actual	$0.44	$0.41	$0.44	$0.39

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 AB: Moderate Sell with a $0.35 recent quarter EPS
• Affiliated Managers Group AMG: Moderate Buy with a $1.71 recent quarter EPS
• BlackRock BLK: Moderate Buy with a $3.00 recent quarter EPS
• Blackstone Group L.P 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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