The third quarter financial results of Invesco (NYSE: IVZ) will be unveiled on Tuesday 22nd October 2024. This eagerly awaited announcement is scheduled to occur before market open.
According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.43 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $1.11 billion.
The per-share income of $0.35 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $1.1 billion recorded during that specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $4.39 billion. Additionally, they are expecting the company to report profit of $1.64 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.43 | +38.7% | 1.09 B | -0.5% |
| Q1 2024 | $0.33 | -13.2% | 1.05 B | -2.1% |
| Q4 2023 | $0.47 | +20.5% | 1.05 B | -5.6% |
| Q3 2023 | $0.35 | +2.9% | 1.10 B | -1.2% |
| Q2 2023 | $0.31 | -20.5% | 1.09 B | -7.1% |
| *Growth on year-over-year basis | ||||
IVZ has scheduled a conference call on 22nd October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Invesco (IVZ) shares trading between $18.22 and $18.79, besides a volume of 4.38 million shares. The stock closed Friday's regular trading session at $18.63, showing 1.91 percent increase.
