Invesco Reports Q4 Earnings Beat, Revenue Meets Estimates

ATLANTA, Feb. 8, 2023 (GLOBE NEWSWIRE) -- Invesco PLC (NYSE: IVZ) today announced its fourth-quarter 2022 financial results.

Q4 Financial Highlights:

* Net income: $268.5 million, or $0.46 per diluted share
* Adjusted earnings per share: $0.52, exceeding analyst estimates of $0.49
* Revenue: $1.59 billion
* Adjusted revenue: $1.16 billion, in line with Street forecasts

Full-Year Financial Highlights:

* Net income: $774.8 million, or $1.18 per diluted share
* Revenue: $4.4 billion

Commenting on the results, Invesco CEO Marty Flanagan said, "We are pleased with our fourth-quarter performance, which reflects our continued focus on delivering value to our clients and shareholders."

Invesco is a leading global investment manager with approximately $1.4 trillion in assets under management. The company provides a range of investment solutions to institutional and individual investors.

Analyst Coverage:

Zacks Investment Research maintains a "Buy" rating on Invesco PLC. The consensus analyst estimate for 2023 earnings is $1.25 per share.

Additional Information:

* A Zacks stock report on IVZ is available at https://www.zacks.com/ap/IVZ.
* Invesco's full earnings release is available on the company's website at https://investors.invesco.com.