earnings
confidence high
sentiment negative
materiality 0.85
Invesco Q4 GAAP EPS $(1.64) on $1.2B impairment; adj. EPS $0.47, net long-term inflows $6.7B
Invesco Ltd.
2023-FY EPS reported
-$0.73
revenue$5,716,400,000
- GAAP diluted EPS $(1.64) vs $0.29 in Q3; includes $1.2B non-cash intangible impairment ($2.10/share hit).
- Adjusted diluted EPS $0.47, up 34% QoQ; adjusted operating margin 26.3% (vs 28.2% Q3).
- Net long-term inflows of $6.7B in Q4; full-year 2023 net long-term inflows of $10.2B.
- Ending AUM $1,585.3B, +6.6% QoQ and +12.5% YoY; average AUM $1,515.6B, down 0.9% QoQ.
- Declared Q4 common dividend $0.20/share, payable March 4, 2024; net debt reduced to $20.3M.