Invesco Q2 diluted EPS $0.29 vs $0.31 as $50.0 million charge offsets revenue gain
Invesco reported second-quarter 2024 U.S. GAAP operating revenues of $1,483.3 million, up 0.5% from the first quarter, and diluted EPS of $0.29, down from $0.31. Results include a $50.0 million contingent liability tied to two regulatory matters, including an SEC investigation into electronic business communications recordkeeping. Adjusted diluted EPS, which excludes that charge among other items, rose to $0.43 from $0.33, and the company said it plans to begin share buybacks in the third quarter.
Key points
- GAAP operating income fell 3.0% to $206.8 million, and net income attributable to Invesco Ltd. fell 6.6% to $132.2 million from $141.5 million in the first quarter.
- Adjusted diluted EPS was $0.43 versus $0.33 in the first quarter and $0.31 in the second quarter of 2023.
- Net long-term inflows were $16.7 billion, and ending AUM reached a record $1.7 trillion, up 12% year over year.
- Common dividend of $0.205 per share is payable September 4, 2024, to holders of record on August 16, 2024.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.