Alert: New Earnings Report (10/22/24)-Invesco Ltd (NYSE: IVZ).

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Invesco Ltd (NYSE: IVZ) has reported E.P.S. of $0.12 for its third fiscal quarter (ending September 30) versus $0.29 for the same period a year ago. E.P.S. were $-0.92 for the latest four quarters through September 30 versus $1.31 for the same period a year ago.

Recent Price Action

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On 10/22/24, Invesco Ltd (NYSE: IVZ) stock rose slightly by 0.1%, closing at $18.04. Moreover, trading volume in this advance was unusually high at 199% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, IVZ is expected to continue to be a Value Builder.

INVESCO has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. INVESCO has a good Power Rating of 77 and a good Appreciation Score of 83, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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