Invesco Ltd (IVZ) reported strong growth and ETF inflows for Q3 2024, despite shortfalls in EPS. The company's AUM increased by 0.9% in July 2024, reaching an all-time high of $1.73 trillion, supported by net inflows and market performance. Lecap Asset Management made significant new investments in
Invesco during this period. Despite challenges, the company consistently appears as a strong growth stock, with unprecedented momentum for the long-term. The managing firm continuously meets earning estimates, with Q3 earnings reflecting a YoY revenue increase. Financial institutions such as
RBC Capital and Barclays have raised Invesco's price target. The firm remained high in demand among investors, demonstrated by a high volume of call options purchases. Despite facing some shortfalls,
Invesco has a diversified portfolio that provides promising return on investment. The company manages a range of funds and regularly announces beneficial changes to optimize portfolio performance.
Invesco's strong financial performance underpins dividend payouts to investors, with the recent quarter's dividend slated at $0.205. Although minor concerns surround muted revenues, robust growth in AUM is expected to support Invesco this earning season.
Invesco Ltd IVZ News Analytics from Mon, 11 Dec 2023 08:00:00 GMT to Sat, 26 Oct 2024 19:02:44 GMT -
Rating 8
- Innovation 3
- Information 8
- Rumor -3
