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via finance.yahoo.comAsset Management

Invesco third-quarter results miss analyst expectations

FROM THE WIRE · FINANCE.YAHOO.COM

ATLANTA (AP) — ATLANTA (AP) — Invesco PLC (IVZ) on Tuesday reported third-quarter profit of $331.5 million. The Atlanta-based company said it had net income of 65 cents per share. Earnings, adjusted for one-time gains and costs, came to 72 cents per share. The results missed…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishAn earnings and revenue miss versus consensus can weigh on a listed asset manager's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter profit was 331.5 million dollars, or 65 cents per share.
  2. 02Adjusted earnings came to 72 cents per share versus the 75 cents expected by consensus.
  3. 03Revenue was 1.87 billion dollars; adjusted revenue of 1.38 billion missed forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Invesco Ltd.IVZStock28.53 USDMarket closedtoday +1.67%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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