More on Invesco's Q4 earnings beat

• Q4 core earnings of $59.7M or $0.49 per share vs. $54.3M and $0.44 in Q3. Dividend is $0.45.
• Book value per share of $18.82 vs. $19.16 at the end of Q3. Today's close of $15.42 is an 18% discount to book.
• Economic return - dividend plus the increase in book value - of 15.6% for the year as company cut rate exposure and boosted credit exposure.
• Effective interest rate margin of 1.35% up 18 bps from Q3.
• Earnings call at 5 ET
• Previously: Invesco Mortgage Capital beats by $0.03, beats on revenue (Feb. 23)
• IVR flat after hours.