earnings
confidence high
sentiment neutral
materiality 0.70
Invesco Q3 GAAP EPS $0.29, Adjusted $0.35; $2.6B net long-term inflows; AUM $1,487B
Invesco Ltd.
2023-Q3 EPS reported
$0.89
revenue$4,303,000,000
- GAAP diluted EPS $0.29; adjusted diluted EPS $0.35; $39M organizational change costs hit EPS by $0.07.
- Net long-term inflows of $2.6B, led by $11.8B ETF inflows; ending AUM $1,487.3B (down 3.3% QoQ).
- Operating margin 15.8% GAAP, 28.2% adjusted; revenue $1,442M, essentially flat QoQ.
- Common dividend of $0.20/share declared, payable Dec 4, 2023 to holders of record Nov 10.
- Net debt reduced to $247.6M from $478.7M in prior quarter; credit facility balance zero.