2 Financial Stocks Seeing More Trade Activity as Earnings are Analyzed

Invesco Ltd. (NYSE:IVZ) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Invesco Ltd. rose to $202.3 million (44 cents per share) vs. $175.2 million (37 cents per share) in the same quarter a year earlier. This marks a rise of 15.5% from the year earlier quarter. Revenue fell 3.1% to $997.1 million from the year earlier quarter. IVZ beat the mean analyst estimate of 41 cents per share. Analysts were expecting revenue of $980.7 million.

“Invesco’s efforts to provide strong, long-term investment performance to our clients contributed to the third year of long-term organic growth for the firm in spite of volatile markets, particularly during the final quarter of 2011,” said Martin L. Flanagan, president and CEO of Invesco. “Strong investment performance led to positive net flows of $24.5 billion for the year and contributed to a 21.7% increase in adjusted earnings per share. Our efforts to enhance our business over the past year have positioned us to provide solid results in volatile markets and even stronger results should the markets further strengthen in 2012.”

Competitors to Watch: BlackRock, Inc. (NYSE:BLK), Affiliated Managers Group, Inc. (NYSE:AMG), Eaton Vance Corp. (NYSE:EV), AllianceBernstein Holding LP (NYSE:AB), Gamco Investors Inc. (NYSE:GBL), Cohen & Steers, Inc. (NYSE:CNS), The Blackstone Group L.P. (NYSE:BX), Morgan Stanley (NYSE:MS), Fortress Investment Group LLC (NYSE:FIG), and T. Rowe Price Group, Inc. (NASDAQ:TROW).

Janus Capital Group Inc. (NYSE:JNS) saw profit fall amid falling revenue. Net income for Janus Capital Group Inc. fell to $35.7 million (19 cents per share) vs. $65.9 million (36 cents per share) a year earlier. This is a decline of 45.8% from the year earlier quarter. Revenue fell 27.1% to $215.6 million from the year earlier quarter. JNS beat the mean analyst estimate of 15 cents per share. Analysts were expecting revenue of $211.6 million.

Competitors to Watch: Waddell & Reed Financial, Inc. (NYSE:WDR), T. Rowe Price Group, Inc. (NASDAQ:TROW), Virtus Investment Partners, Inc. (NASDAQ:VRTS), U.S. Global Investors, Inc. (NASDAQ:GROW), Cohen & Steers, Inc. (NYSE:CNS), Franklin Resources, Inc. (NYSE:BEN), Federated Investors, Inc. (NYSE:FII), Calamos Asset Management, Inc (NASDAQ:CLMS), Invesco Ltd. (NYSE:IVZ), and Eaton Vance Corp. (NYSE:EV).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com