Invesco Q3 EPS falls to $0.12 on one-time charge; adjusted EPS rises to $0.44
Invesco reported third-quarter 2024 results on October 22, 2024. Operating revenues rose 2.2% from the prior quarter to $1.5 billion, but diluted EPS fell to $0.12 from $0.29 because of a one-time non-cash $147.6 million compensation expense tied to changes in retirement vesting criteria. Excluding that charge and other non-GAAP items, adjusted diluted EPS was $0.44, up from $0.43 in the second quarter.
Key points
- Operating revenues were $1.5 billion, up 2.2% from $1.5 billion... (Q2-24: $1,483.3 million)
- Diluted EPS was $0.12 versus $0.29 in Q2-24 and Q3-23; adjusted diluted EPS was $0.44 versus $0.43 in Q2-24
- One-time non-cash acceleration of $147.6 million in compensation expense cut the GAAP operating margin to 6.6%
- Net long-term inflows were $16.5 billion; the company repurchased 1.5 million shares for $25 million and declared a $0.205 per share common dividend payable December 3, 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 October 22, 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.