Benzinga | Jan 26, 2021 07:12AM EST

Invesco: Q4 Earnings Insights



Shares of Invesco (NYSE:IVZ) remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share rose 12.50% over the past year to $0.72, which beat the estimate of $0.57.

Revenue of $1,228,000,000 decreased by 3.15% from the same period last year, which beat the estimate of $1,140,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Invesco hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jan 26, 2021

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.invesco.com%2F&eventid=2947554&sessionid=1&key=DFE7214496525BC1BFDEB3F2A169FAAD&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $22.10

Company's 52-week low was at $6.38

Price action over last quarter: Up 57.84%

Company Profile

Invesco provides investment management services to retail (69% of managed assets) and institutional (31%) clients. At the end of September 2020, the firm had $1.218 trillion in assets under management spread out among its equity (49% of AUM), balanced (6%), fixed-income (23%), alternative investment (14%), and money market operations. Passive products accounted for 26% of Invesco's total AUM--44% of the company's equity operations and 12% of its fixed-income platform--at the end of September 2020. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of the U.S., with just under 30% of its AUM sourced from Canada (2%), the U.K. (5%), continental Europe (11%), and Asia (12%).