earnings
confidence high
sentiment negative
materiality 0.80
Invesco Q2 GAAP EPS $0.29, adjusted EPS $0.31; net long-term outflows $2.0B
Invesco Ltd.
2023-Q2 EPS reported
$0.60
revenue$2,861,000,000
- Operating revenues $1,442.8M, down 5.7% YoY; operating margin 14.1% vs 22.5% YoY.
- Net long-term outflows of $2.0B; $5.7B ETF inflows, $1.6B greater China, $1.0B fixed income.
- Adjusted diluted EPS $0.31, down 20.5% YoY; $27M compensation costs from executive retirements.
- Ending AUM $1,538.2B, up 3.7% QoQ; repurchased 9.6M shares for $150M at avg $15.65.
- CEO Andrew Schlossberg succeeds retiring Marty Flanagan; focus on simplifying organizational model.