Here's What to Expect from Invesco's Next Earnings Report

Atlanta, Georgia-based Invesco Ltd. (IVZ) operates as an independent investment manager and offers a wide range of investment products and services. Valued at nearly $8 billion by market cap, Invesco’s clientele includes retail investors, institutions, HNIs, corporations, endowments, pension funds, and more.

The asset manager is expected to release its fourth-quarter earnings on Tuesday, Jan. 28. Ahead of the event, analysts expect Invesco to report a non-GAAP profit of $0.48 per share, up 2.1% from $0.47 per share reported in the year-ago quarter. The company’s earnings surprise history is mixed. It has surpassed or matched analysts’ bottom-line estimates thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter surged 25.7% year-over-year to $0.44, matching the consensus estimates.