Invesco: Fourth Quarter Earnings Overview

Invesco PLC Reports Fourth Quarter Financial Results

Invesco PLC, headquartered in Atlanta, announced on Tuesday that it recorded a net loss of $1.06 billion for the fourth quarter.

The company reported a per-share loss of $2.61. When excluding certain one-time items, adjusted earnings came in at 62 cents per share.

These adjusted earnings exceeded analysts’ expectations, as a consensus of seven analysts polled by Zacks Investment Research had forecasted earnings of 57 cents per share.

During the quarter, Invesco generated $1.69 billion in total revenue. After adjustments, revenue stood at $1.26 billion, which was higher than the $1.24 billion anticipated by three analysts surveyed by Zacks.

For the full year, Invesco reported a total loss of $281.7 million, or $1.60 per share, with annual revenue reaching $4.66 billion.