Earnings Preview: Invesco Reports Q3 Results Monday

| About: Invesco Ltd. (IVZ)

Invesco Ltd. (NYSE:IVZ) is scheduled to release last fiscal quarter's results before the opening bell on October 24, 2011.

IVZ trades an average of 8 million shares per day.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The company was founded in December 1935 and is based in Atlanta, Georgia.

52-Week High: $27.50
52-Week Low: $14.52
Book Value: $18.16
Float Short: 2.26%

On average, 11 analysts are expecting a drop of $-0.03 in earnings per share compared to last quarter's results of $0.44. The reporting quarter's estimated mean earnings are $0.41 per share. Analyst estimates range between $0.38 and $0.43 per share.

The current trailing-twelve-months (ttm) P/E ratio is 12.4 The forward P/E ratio is 11. In the last month, the stock has increased in price 3.20%, with a change from a year ago of -19.92%. When comparing to the S&P 500, the year-to-date difference is -21.46%. At least investors have had a recent bounce off the lows under $15 put in a couple of weeks ago.

For the same fiscal period year-over-year, revenue has improved to $3.49 billion for 2010 vs. $2.63 billion for 2009. The bottom line has rising earnings year-over-year of $465.70 million for 2010 vs. $322.50 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $589.90 million for 2010 vs. $484.30 million for 2009.

paid2trade.com revenue gross bar chart for IVZ

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 1.08 B $ 1.09 B $ 7.34 M 0.68%
Mar-11 $ 1.00 B $ 1.05 B $ 47.54 M 4.74%
Dec-10 $ 1.04 B $ 1.05 B $ 13.97 M 1.34%
Sep-10 $ 963.83 M $ 742.80 M $ -221.03 M -22.93%
Jun-10 $ 772.47 M $ 812.30 M $ 39.83 M 5.16%
M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

Reported earnings per share compared to the mean estimate. Differences are rounded.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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Tagged: , Asset Management, Earnings
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