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Invesco misses Wall Street estimates despite improved profitability

Earnings Whispers +1 · ·by G4L

IVZ
IVZ Invesco Ltd
$28.87 -0.14%
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  1. 1Invesco's adjusted EPS of $0.72 missed the Wall Street consensus of $0.75 by 4.0%.
  2. 2Invesco recorded a year-on-year profit growth rate of 18.0%.
  3. 3Invesco purchased MassMutual preferred stock.

So what's the key point?

Invesco's earnings came in lower than experts expected at $0.72. The company purchased MassMutual preferred stock.

Source Earnings Whispers +1 · View original ↗

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