Invesco (NYSE:IVZ) posted its quarterly earnings results on Monday. The asset manager reported $0.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.15, MarketWatch Earnings reports. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.20 billion. Invesco had a return on equity of 9.62% and a net margin of 9.78%. The business’s quarterly revenue was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 EPS.
IVZ opened at $20.94 on Wednesday. The business has a fifty day simple moving average of $18.47 and a 200 day simple moving average of $13.96. The company has a market capitalization of $9.62 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 1.43 and a beta of 1.38. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.76 and a quick ratio of 1.76. Invesco has a 1 year low of $6.38 and a 1 year high of $22.10.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be paid a $0.155 dividend. The ex-dividend date is Friday, February 12th. This represents a $0.62 annualized dividend and a yield of 2.96%. Invesco’s dividend payout ratio (DPR) is presently 24.31%.
Invesco Company Profile
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.
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