Invesco Full Year 2024 Earnings: EPS Misses Expectations

Invesco (NYSE:IVZ) Full Year 2024 Results

Key Financial Results

• Revenue: US$6.07b (up 6.1% from FY 2023).
• Net income: US$774.8m (up from US$333.7m loss in FY 2023).
• Profit margin: 13% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: US$1.70 (up from US$0.73 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Invesco EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.2%.

Looking ahead, revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the US are expected to grow by 6.4%.

Performance of the American Capital Markets industry.

The company's shares are up 11% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Invesco that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.