Invesco Ltd. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Invesco Ltd. (NYSE:IVZ) will unveil its latest earnings on Tuesday, July 26, 2011. Invesco Ltd. is a global investment management company providing retail, institutional and high-net-worth clients around the world with innovative solutions. BlackRock Earnings Cheat Sheet: Profits Climb By Double Figures Again>>

Invesco Ltd. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 43 cents per share, a rise of 59.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 45 cents. Between one and three months ago, the average estimate moved down and dropped from 44 cents during the last month. For the year, analysts are projecting net income of $1.79 per share, a rise of 29.7% from last year.

Past Earnings Performance: The company missed estimates last quarter after beating forecasts in the prior two. In the first quarter, the company reported profit of 41 cents per share versus a mean estimate of net income of 42 cents per share. In fourth quarter of the last fiscal year, the company beat estimates by 4 cents.

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Wall St. Revenue Expectations: On average, analysts predict $1.08 billion in revenue this quarter, a rise of 33% from the year ago quarter. Analysts are forecasting total revenue of $4.39 billion for the year, a rise of 22.3% from last year’s revenue of $3.59 billion.

Analyst Ratings: Analysts are bullish on this stock with 13 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 35.3%, with the biggest boost coming in the most recent quarter when revenue rose 42.9% from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 86.8% while it rose 58% in the fourth quarter of the last fiscal year and 47.1% in the third quarter of the last fiscal year.

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).

Stock Price Performance: During April 25, 2011 to July 20, 2011, the stock price had fallen $2.64 (-10.8%) from $24.48 to $21.84. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 18, 2011 when shares rose for eight-straight days, rising 9.4% (+$2.34) over that span. It saw one of its worst periods between January 3, 2011 and January 10, 2011 when shares fell for six-straight days, falling 0.9% (-21 cents) over that span. Shares are down $2 (-8.4%) year to date.

(Source: Xignite Financials)

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