Key Takeaways:
- Invesco Ltd. (IVZ, Financial) is set to announce its Q2 earnings on July 22nd.
- Analysts are forecasting an EPS of $0.41, marking a 4.7% reduction year-over-year.
- Revenue is predicted to grow by 1.8% to $1.11 billion, with the stock historically outperforming EPS estimates 63% of the time.
Invesco's Earnings Preview
Invesco Ltd. (NYSE: IVZ) is poised to release its second-quarter earnings on July 22nd. Analysts project an earnings per share (EPS) of $0.41, reflecting a modest 4.7% decline compared to the same period last year. Despite this, revenue is expected to edge up by 1.8%, reaching $1.11 billion. Historically, Invesco has a track record of exceeding EPS estimates 63% of the time, which could signal potential upside surprises for investors.
Wall Street Analysts Forecast
According to insights from 12 Wall Street analysts, Invesco Ltd. (IVZ, Financial) carries an average price target of $17.88. The projections range from a high of $25.00 to a low of $16.00. This average price target suggests a potential downside of 11.14% from the stock's current trading price of $20.12. For more in-depth estimates, visit the Invesco Ltd (IVZ) Forecast page.
The consensus among 15 brokerage firms rates Invesco Ltd. (IVZ, Financial) at an average recommendation of 2.7, indicating a "Hold" position. The recommendation scale spans from 1, signifying a "Strong Buy," to 5, representing a "Sell."
GuruFocus GF Value Analysis
GuruFocus' proprietary GF Value metric projects Invesco Ltd. (IVZ, Financial) as having a fair value of $12.47 over the next year, indicating a potential downside of 38.01% from its current price of $20.115. The GF Value is estimated based on historical trading multiples, previous business growth, and future performance expectations. For more comprehensive information, explore the Invesco Ltd (IVZ) Summary page.
