Invesco (IVZ) to Release Earnings on Thursday
Invesco (NYSE:IVZ) is scheduled to be posting its Q114 quarterly earnings results on Thursday, May 1st. Analysts expect Invesco to post earnings of $0.55 per share and revenue of $1.26 billion for the quarter.
Invesco (NYSE:IVZ) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.64 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.57 by $0.07. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.25 billion. On average, analysts expect Invesco to post $2.42 EPS for the current fiscal year and $2.79 EPS for the next fiscal year.
Invesco (NYSE:IVZ) traded down 0.03% during mid-day trading on Wednesday, hitting $35.21. The stock had a trading volume of 914,294 shares. Invesco has a one year low of $30.09 and a one year high of $37.87. The stock has a 50-day moving average of $35.52 and a 200-day moving average of $34.55. The company has a market cap of $15.251 billion and a price-to-earnings ratio of 16.82.
IVZ has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Invesco from $38.00 to $39.00 in a research note on Tuesday, April 15th. They now have a “neutral” rating on the stock. On the ratings front, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Invesco in a research note on Thursday, April 10th. They now have a $47.00 price target on the stock, down previously from $48.00. Finally, analysts at Morgan Stanley raised their price target on shares of Invesco from $38.00 to $40.00 in a research note on Tuesday, April 8th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $38.50.
Invesco Ltd. (NYSE:IVZ) is an investment manager, dedicated to helping investors worldwide achieve their financial objectives.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.