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Kritika Sarmah

Earnings Preview: What to Expect From Invesco's Report

Invesco Ltd. (IVZ), based in Atlanta, Georgia, is an independent investment manager with a market cap of $7.9 billion. The firm offers a diverse array of active, passive, and alternative investment products and services and operates in over 20 countries. The leading investment management firm is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Tuesday, Oct. 22.

Ahead of the event, analysts expect IVZ to report a profit of $0.43 per share on a diluted basis, up 22.9% from $0.35 per share in the year-ago quarter. The company missed the consensus estimates in two of the last four quarters while surpassing on two other occasions.

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