Invesco Ltd. (IVZ) reported a strong performance in its second-quarter results on [date not specified]. The asset manager achieved record net long-term inflows of $45.1 billion, bringing total assets under management to $2.5 trillion, a 14% increase from the previous year. The Q2 adjusted earnings per share (EPS) reached $0.71, surpassing analyst expectations of $0.67, and marking a 97% year-over-year increase from $0.36. Additionally, revenue grew by 20% year-over-year to approximately $1.33 billion.
In response to its strong results, analysts have been increasing earnings estimates for Invesco. Q3 EPS estimates are up by 8.82% to $0.74, while Q4 estimates have increased by 12.86% to $0.79. For fiscal year 2026, EPS projections have risen nearly 9% to $2.81, with further growth expected in FY27 to $3.24. The company’s shares are currently trading near a 52-week high of $31, with a forward P/E ratio of 10, significantly lower than the S&P 500 average of 21.
Invesco’s solid performance this year is largely attributed to its popular ETFs, like the QQQ, which benefited from strong investor demand amid rising equity markets. The company’s adjusted operating margin expanded to 37.5%, and they reduced net debt by over $450 million during the quarter, highlighting their confidence in generating cash flow.
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