What to Expect from Invesco's Earnings
Portfolio Pulse from Benzinga Insights
Invesco (NYSE:IVZ) is set to release its quarterly earnings report on October 22, 2024, with analysts estimating an EPS of $0.42. Despite past earnings beats, Invesco's stock has shown a tendency to decline post-announcement. Analysts have a Neutral consensus on the stock, with a price target suggesting a potential downside. Invesco's financial metrics, such as revenue growth and return on equity, lag behind industry peers.
October 21, 2024 | 3:01 pm
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Invesco is expected to report an EPS of $0.42. Despite past earnings beats, the stock has historically declined post-announcement. Analysts have a Neutral rating with a price target indicating potential downside.
Invesco's upcoming earnings report is crucial for investors. Despite past earnings beats, the stock has shown a tendency to decline, indicating that positive earnings alone may not drive the stock price up. The Neutral analyst consensus and price target suggesting a downside further support a cautious outlook.
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