Countdown to Invesco (IVZ) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts project that Invesco (IVZ) will report quarterly earnings of $0.40 per share, reflecting a 7% decline year over year, while revenues are expected to reach $1.11 billion, marking a 1.9% increase from the same quarter last year [1] Earnings Estimates - There has been a 12.7% upward revision in the consensus EPS estimate over the last 30 days, indicating a collective reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts expect 'Operating revenues- Other revenues' to be $53.25 million, indicating a year-over-year increase of 12.8% [5] - The consensus for 'Operating revenues- Service and distribution fees' is $375.77 million, suggesting a 3.9% year-over-year change [5] - 'Operating revenues- Performance fees' are projected to be $8.99 million, reflecting a 3.3% increase from the prior-year quarter [5] Assets Under Management - 'Average AUM - Total' is expected to reach $1855.71 billion, compared to $1669.30 billion a year ago [6] - 'Assets Under Management - Total' is projected to be $1892.28 billion, up from $1715.80 billion in the previous year [6] Stock Performance - Invesco shares have increased by 34.5% in the past month, outperforming the Zacks S&P 500 composite, which rose by 5.4% [6] - With a Zacks Rank 1 (Strong Buy), Invesco is anticipated to outperform the overall market in the near future [6]