Invesco 2Q Earnings Pregame Scorecard
After hitting analysts' expectations last quarter, Invesco (NYSE:IVZ) will report its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect Invesco to come in with earnings of 43 cents per share on revenues of $1.05 billion. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 48 cents.
Stock Movement
The stock fell $2.12 per share between May 11, 2012 and May 18, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $2.91 (-11.9%), from $24.45 to $21.54.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 15 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 9.2% to $193.9 million (43 cents a share) from $177.5 million (38 cents a share) the year earlier, meeting analyst expectations. Revenue rose 0.6% to $1.03 billion from $1.03 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012
EPS: 43 cents
Revenue Estimate: $1.05 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)