23.04.2024 13:01:40 - dpa-AFX: Invesco Ltd. Q1 Profit Decreases, misses estimates

WASHINGTON (dpa-AFX) - Invesco Ltd. (IVZ) released earnings for first
quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $141.5 million, or $0.31 per share. This
compares with $145.0 million, or $0.32 per share, in last year's first quarter.

Excluding items, Invesco Ltd. reported adjusted earnings of $148.4 million or
$0.33 per share for the period.

Analysts on average had expected the company to earn $0.40 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 4.2% to $1.48 billion from $1.42
billion last year.

Invesco Ltd. earnings at a glance (GAAP) :

-Earnings (Q1): $141.5 Mln. vs. $145.0 Mln. last year.
-EPS (Q1): $0.31 vs. $0.32 last year.
-Revenue (Q1): $1.48 Bln vs. $1.42 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
INVESCO LTD DL -,10 A0M6U7 Frankfurt 13,896 30.05.24 08:07:10 -0,182 -1,29% 0,000 0,000 13,896 14,078

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