IVZ

BlackRock’s BLK second-quarter 2026 adjusted earnings of $13.91 per share handily surpassed the Zacks Consensus Estimate of $12.72. The figure reflects a 15% rise from the year-ago quarter.Shares of the company gained 4.4% in the pre-market trading on better-than-expected results, primarily driven by record AUM balance. However, a full day’s trading session will depict a clearer picture.Results benefited from a rise in revenues. The assets under management (AUM) balance witnessed robust year-over-year growth, driven by net inflows. However, higher expenses created a headwind.Net income attributable to BlackRock (on a GAAP basis) was $1.91 billion, up 20% from the prior-year quarter. Quarterly revenues (on a GAAP basis) were $7.08 billion, outpacing the Zacks Consensus Estimate of $6.84 billion. Revenues increased 31% year over year. The rise was driven by an increase in all revenue components.Total expenses amounted to $4.62 billion, up 25% year over year. The increase was due to a rise in all cost components, except for the change in fair value of contingent consideration. Also, the company did not record any restructuring charge in the reported quarter.Non-operating income (on a GAAP basis) was $258 million, down 50% from the prior-year quarter.BlackRock’s adjusted operating income was $2.92 billion, increasing 39% from the prior-year quarter. As of June 30, 2026, AUM was a record $15.34 trillion, reflecting a year-over-year rise of 22%. The company witnessed long-term net inflows of $199 billion in the reported quarter.As of June 30, 2026, the average AUM of $14.85 trillion rose 24% year over year. BlackRock repurchased shares worth $450 million in the reported quarter. BLK’s continued efforts to diversify offerings and improve its revenue mix are expected to continue to support its financials despite the ongoing private credit headwinds. The acquisitions of Global Infrastructure Partners, Preqin ElmTree Funds and HPS Investment Partners are likely to enhance the company’s position as a global asset manager. However, elevated expenses pose a significant challenge for the company. BlackRock price-consensus-eps-surprise-chart | BlackRock Quote BlackRock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Blackstone Inc. BX is slated to report second-quarter 2026 results on July 23.Over th...

QQQ and QQQM together command 27% of all US large-cap growth ETF assets, with 401(k) auto-contributions feeding that concentration daily regardless of valuation. Since March 2020, QQQ has returned 324% versus SPY's 143%, while VUG holders are likely unknowingly tripling up on the same handful of mega-caps. The Nasdaq 100 has outperformed the pure tech sector while carrying roughly 40% less tech exposure, driven by consumer, healthcare, and industrial Nasdaq-listed names. Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now. On a recent Animal Spirits podcast titled "Talk Your Book: How SpaceX Got Into the Nasdaq 100," Invesco's Paul Schroeder dropped a statistic that should stop any growth investor mid-scroll. The Nasdaq 100, which you probably know through Invesco QQQ Trust (NASDAQ:QQQ) and its cheaper sibling Invesco NASDAQ 100 ETF (NASDAQ:QQQM), now owns 27% of all assets under management in the entire US large-cap growth ETF category. One index. One methodology. A quarter of the money. Schroeder called it "the 500-pound gorilla", and he was being modest. Concentration inside an index is one thing. Concentration of indices is another, and much weirder. When a single benchmark controls that much of a category, price discovery starts to bend around it. Money flows into QQQ, QQQ has to buy its top holdings in proportion, and those top holdings are already the biggest companies in the world. QQQM alone holds roughly $96.8 billion in assets, and that is the smaller of the two Invesco vehicles tracking the index. The gorilla is fed daily by 401(k) auto-contributions that will not stop to ask about valuation. Schroeder also pointed out something that quietly changes how you should think about the index. The Nasdaq 100 methodology is essentially market-cap driven with a listing requirement, so non-tech companies like Walmart or Clorox could theoretically join if they switched their listing to the Nasdaq. The name says tech. The rulebook does not. Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now. A listener wrote in asking whether splitting a core portfolio 50/50 between the S&P 500 and Nasdaq 100 was reasonable. Michael Batnick's response was that the question felt like "an email from 2018", because the migration of QQQ from a satellite grow...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Invesco (IVZ) recently reported Q1 revenue of $1.26b, up 14% year on year, with assets under management and earnings per share in line with expectations. The stock rose 6.1% to around $27.04. See our latest analysis for Invesco. Beyond the immediate reaction to Invesco’s Q1 update, the stock’s recent 3.04% 1 day share price return and 22.22% 90 day share price return sit alongside a 72.28% 1 year total shareholder return. Together, these figures suggest that momentum has been building over time. If Invesco’s move has you thinking about where else capital is flowing, it could be worth widening the lens to other financial stocks and uncovering 20 top founder-led companies For Invesco, the recent jump and strong one year return can look like a simple mood swing in the market, or a clearer read on the underlying business. How does that align with where the stock is priced today? At a last close of $27.83 versus a narrative fair value of $29.32, Invesco is framed as modestly undervalued, with the story tying that gap to a mix of earnings recovery and capital return. Read the complete narrative. Want to see what is really baked into that valuation gap? Revenue reset, margin rebuild, and a future earnings multiple all work together here. The key is how quickly profits swing from losses to meaningful earnings while shares outstanding quietly shrink in the background. Curious which assumptions have the biggest impact on that $29.32 fair value and how sensitive it is to small changes in growth or margins? The full narrative connects those dots in detail. Result: Fair Value of $29.32 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the Invesco narrative still faces pressure from weaker net revenue yield as investors favor lower-fee products and from rising ETF and active equity competition. Find out about the key risks to this Invesco narrative. With Invesco’s mix of potential rewards and clear risks, do not just rely on the headline story. Move quickly to review the underlying data and weigh the 2 key rewards and 1 important warning sign If Invesco has sharpened your focus on where to put fresh capital, do not stop here. Broaden your watchlist with other focused opportunities on Simply Wall St. Target...

With a market cap of around $12 billion, Invesco Ltd. (IVZ) is a leading global asset management firm serving clients in more than 120 countries, with US$2.2 trillion in assets under management as of March 31, 2026. The firm offers a broad range of public and private, active and passive investment solutions, leveraging its global scale and collaborative approach to help retail and institutional investors achieve their financial goals. The Atlanta, Georgia-based company is set to announce its fiscal Q2 2026 results before the market opens on Tuesday, Jul. 28. Ahead of this event, analysts expect IVZ to report an adjusted EPS of $0.61, a surge of 69.4% from $0.36 in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in two of the last four quarters while missing on two other occasions. Dear SpaceX Stock Fans, Mark Your Calendars for July 7 SanDisk Slumps 10% But BofA Stays Bullish. Here Is How to Play SanDisk Stock Here. 1 High-Probability Iron Condor Trade on Broadcom Stock to Make Now with 29% Return Potential Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts project the asset manager to post an adjusted EPS of $2.59, an increase of 27.6% from $2.03 in fiscal 2025. Shares of Invesco have climbed 62.8% over the past 52 weeks, exceeding both the S&P 500 Index's ($SPX) 20.2% rise and the State Street Financial Select Sector SPDR ETF's (XLF) 5.7% return over the same period. Shares of Invesco rose 1.5% on Apr. 28 after the company reported stronger Q1 2026 results, with adjusted profit increasing 30% year-over-year to $260.8 million, or $0.57 per share. The market also reacted positively to a 25.6% increase in investment management fees to $1.38 billion, supported by growth in assets under management to $2.2 trillion. Additionally, strong client demand was reflected in net inflows of $33.3 billion and performance fees that more than tripled during the quarter, reinforcing confidence. Analysts' consensus view on IVZ stock is cautiously optimistic, with an overall "Moderate Buy" rating. Among 14 analysts covering the stock, three recommend "Strong Buy," one "Moderate Buy," and 10 suggest "Hold." This configuration is slightly less bullish than three months ago, with four analysts suggesting a "Strong Buy." The...

Let’s dig into the relative performance of Invesco (NYSE:IVZ) and its peers as we unravel the now-completed Q1 custody bank earnings season. Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space. The 16 custody bank stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.5%. Thankfully, share prices of the companies have been resilient as they are up 7.6% on average since the latest earnings results. With roots dating back to 1935 when it pioneered the first mutual fund with an objective of capital growth, Invesco (NYSE:IVZ) is a global asset management firm that offers investment solutions across equities, fixed income, alternatives, and multi-asset strategies. Invesco reported revenues of $1.26 billion, up 14% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company with AUM and EPS in line with analysts’ estimates. Interestingly, the stock is up 6.1% since reporting and currently trades at $27.04. Read our full report on Invesco here, it’s free. Operating under the widely recognized Franklin Templeton brand since 1947, Franklin Resources (NYSE:BEN) is a global investment management organization that offers financial services and solutions to individuals, institutions, and wealth advisors worldwide. Franklin Resources reported revenues of $2.29 billion, up 8.7% year on year, outperforming analysts’ expectations by 11.8%. The business had an incredible quarter with a beat of analysts’ EPS and AUM estimates. The market seems happy with the results as the stock is up 23.6% since reporting. It currently trades at $34.09. Is now the time to buy Franklin Resources? Access our full analysis of the earnings results here, it’s free. With over $100 billion in assets under management and supervision, Hamilton Lane (NASDAQ:HLNE) is an investment management firm that specializes in private markets, offering advisory services and fund soluti...

ATLANTA, July 1, 2026 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) will release its second quarter 2026 results on Tuesday, July 28, 2026. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, invesco.com/corporate, at approximately 7 a.m. ET. A conference call to discuss Invesco's results will be held at 9 a.m. ET on that day; the live audio webcast and replay can be accessed through the same website under Events and Earnings Releases. Those wishing to participate should call: Passcode: Invesco The presentation will be made available via a simultaneous webcast at invesco.com/corporate. An audio replay will be available approximately one hour after the call: The replay will be removed after Aug. 12, 2026. About Invesco Ltd.Invesco Ltd. is one of the world's leading asset management firms serving clients in more than 120 countries. With US$2.2 trillion in assets under management as of March 31, 2026, we deliver a comprehensive range of investment capabilities across public, private, active, and passive. Our collaborative mindset, breadth of solutions and global scale mean we're well positioned to help retail and institutional investors rethink challenges and find new possibilities for success. For more information, visit www.invesco.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/invesco-ltd-to-announce-second-quarter-2026-results-302814685.html

A month has gone by since the last earnings report for Invesco (IVZ). Shares have added about 7.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Invesco due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Invesco Ltd. before we dive into how investors and analysts have reacted as of late. Invesco’s first-quarter 2026 adjusted earnings of 57 cents per share lagged the Zacks Consensus Estimate by a penny. The bottom line increased 29.5% from the prior-year quarter.The results primarily benefited from an increase in adjusted revenues and growth in AUM balance. However, an increase in adjusted expenses was a headwind.Net income attributable to common shareholders (GAAP basis) was $230.4 million or 51 cents per share, up from $171.1 million or 38 cents per share in the year-ago quarter. Adjusted net revenues in the quarter were $1.26 billion, up 14% year over year. The top line marginally missed the Zacks Consensus Estimate of $1.27 billion. The rise in revenues was driven by higher average AUM, favorable foreign exchange rate changes and revenues earned from Invesco QQQ Trust following its conversion.Adjusted operating expenses were $828.3 million, up 9.1% year over year.The adjusted operating margin was 34.5%, up from 31.5% a year ago. As of March 31, 2026, AUM was a record $2.16 trillion, up 17.1% year over year. The average AUM at the end of the first quarter totaled $2.22 trillion, up 18%.Client demand remained supportive across IVZ’s multiple investment capabilities. Net long-term inflows were led by ETFs and Index products ($18.6 billion) and the China joint venture ($8.7 billion), with additional contributions from Fundamental Fixed Income ($3.7 billion) and Multi-Asset/Other strategies ($3.6 billion). Private Markets also generated positive net inflows of $0.4 billion.Those positives were partially offset by outflows tied to factor and product rotations. QQQ recorded net long-term outflows of $10.8 billion in the quarter, while Fundamental Equities saw net outflows of $2.4 billion. By geography, Asia Pacific and EMEA produced net long-term inflows of $13.2 billion and $7.6 billion, respectively, while the Americas added $1.0 billion. As of March 31, 2026, cash and cash equivale...

Invesco reported a book value decline of 7.9% to $8.08 and an economic return of -3.2% for Q1, driven by higher interest-rate volatility and wider agency MBS spreads, while economic debt-to-equity rose to 7.5x. The firm ended the quarter with a $7.3 billion portfolio (including $5.2 billion of Agency RMBS) and increased TBA exposure to about 17%, with Agency RMBS up 19% QoQ and over 80% of assets carrying some prepayment protection. Management hedged roughly 96% of borrowing costs (about 81% of hedges in swaps), said swap‑spread tightening was a modest headwind, but noted early Q2 technicals improved with book value up ~2% and plans to selectively access the ATM after raising nearly $134 million net in Q1. Interested in Invesco Mortgage Capital Inc? Here are five stocks we like better. Invesco Mortgage Capital (NYSE:IVR) reported a first-quarter 2026 book value decline and negative economic return as interest-rate volatility increased and agency mortgage spreads moved wider, while management emphasized a more constructive backdrop for agency mortgages early in the second quarter. Chief Executive Officer Kevin Collins opened the call by highlighting his transition into the CEO role and the retirement of former CEO John Anzalone after a 17-year tenure with the company. Collins also noted President David Lyle’s recent appointment and said the leadership team shares a commitment to “disciplined investment management, to consistent performance, strong governance, and expanded investor engagement.” → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Collins said the company remains focused on agency mortgages, pointing to core competencies in Agency RMBS as well as Agency CMBS. He also cited the resources of Invesco, the company’s external manager, including macroeconomic and policy insights and counterparty relationships that support sourcing, financing, and hedging. Collins described the first quarter as a “more challenging market environment” following a strong recovery in agency MBS valuations in the second half of 2025. He said tighter financial conditions were driven by rising geopolitical tensions, higher energy prices, renewed inflation concerns, and increased interest-rate volatility that pushed U.S. Treasury yields higher. Short-term yields rose more than longer-dated yields, which Collins attributed to reduced expectations for near-term policy ea...

T. Rowe Price Group, Inc.’s TROW first-quarter 2026 adjusted earnings per share (EPS) of $2.52 surpassed the Zacks Consensus Estimate of $2.37. Nevertheless, the bottom line increased 13% year over year. Shares of the company gained 1.7% in the early trading session following the release of better-than-expected results. A full day’s trading session will depict a clearer picture. TROW's results benefited from higher investment advisory fees and a rise in assets under management (AUM). Positive capital allocation-based income was also encouraging. However, higher expenses acted as a headwind. The results included certain items. After considering those, net income attributable to T. Rowe Price (on a GAAP basis) was $498.2 million, which rose 1.6% from the prior-year quarter. Net revenues rose 5.3% year over year to $1.86 billion. Further, the top line missed the Zacks Consensus Estimate by 0.32%. Investment advisory fees rose 5.3% year over year to $1.68 billion. Capital allocation-based income increased to $28.1 million from a loss of $1.2 million in the prior-year quarter. Total operating expenses increased nearly 1% year over year to $1.18 billion in the reported quarter. On an adjusted basis, operating expenses were $1.15 billion, up 1.8% year over year. As of March 31, 2026, total AUM grew 9.1% year over year to $1.71 trillion. In the first quarter, net market depreciation and income of $52.2 billion unfavorably impacted T. Rowe Price’s AUM. Also, net cash outflows were $13.7 billion. The company had substantial liquidity, including cash and cash equivalents of $3.73 billion as of March 31, 2026, up from $2.84 billion as of March 31, 2025. This will enable TROW to keep investing. T. Rowe Price distributed a total of $629 million to shareholders through common stock dividends and share repurchases in the first quarter. TROW’s solid AUM balance, broadening distribution reach and efforts to diversify business through acquisitions and product enhancements are likely to support top-line growth. However, an elevated expense base and excessive reliance on investment advisory fees are concerns. The current tough operating environment is a headwind. Nonetheless, a solid liquidity position enables sustainable capital distributions. T. Rowe Price Group, Inc. price-consensus-eps-surprise-chart | T. Rowe Price Group, Inc. Quote Currently, TROW carries a Zacks Rank #4 (...

Ares Management Corporation’s ARES first-quarter 2026 after-tax realized income per share of $1.24 missed the Zacks Consensus Estimate of $1.32. However, the bottom line increased from $1.09 in the prior-year quarter. Results were affected by an increase in expenses. Nevertheless, higher revenues and assets under management (AUM) provided some support. In light of these positives, the company’s shares gained nearly 1.2% in the early trading session. A full day’s trading session will provide a clearer picture. Net income attributable to the company (GAAP basis) was $142.6 million compared with the $47.2 million in the year-ago quarter. The company's total revenues rose 43.7% year over year to $1.29 billion. However, it missed the Zacks Consensus Estimate of $1.32 billion. The company’s total expenses increased 15.2% year over year to $1.17 billion from the year-ago quarter. This rise was primarily due to an increase in all the components. The company’s fee-paying AUM increased 19.2% on a year-over-year basis to $399.6 billion. The perpetual capital AUM rose 39.1% year over year to $215.3 billion. As of March 31, 2026, total AUM was $644.3 billion, up 18% from a year ago. The rise was primarily driven by commitments to drawdown funds, capital raised across perpetual vehicles, the acquisition of BlueCove and additional managed assets from the insurance platform. As of March 31, 2026, Ares Management had $568.8 million of cash and cash equivalents and $2.9 billion in debt. The company announced a quarterly cash distribution of $1.35 per share with its earnings release. This dividend will be paid out on June 30, 2026, to shareholders of record as of June 16. On Feb. 3, 2026, Ares Management completed the acquisition of the entire outstanding share capital of BlueCove Limited, a London-based systematic fixed-income manager, to launch a newly created strategy, Ares Systematic Credit. The integrated BlueCove business now operates within the Ares Credit Group. It expands ARES’ capabilities in systematic fixed-income investing, leveraging proprietary technology and data-driven portfolio management across high-yield, investment-grade corporates, convertible bonds and other liquid credit instruments. Ares Management continues to benefit from strong AUM growth across fee-paying and perpetual capital platforms, supported by steady capital inflows and strategic acquisition...

Affiliated Managers Group Inc. AMG is scheduled to announce first-quarter 2026 results on May 1, before the opening bell. Its quarterly earnings and revenues are expected to have improved year over year. In the last reported quarter, AMG’s earnings beat the Zacks Consensus Estimate. Results benefited from a rise in assets under management (AUM) and revenues. A rise in expenses was the undermining factor. The company boasts an impressive earnings surprise history. Its earnings surpassed the consensus estimate in three of the trailing four quarters and matched once, with the average beat being 4.35%. Affiliated Managers Group, Inc. price-eps-surprise | Affiliated Managers Group, Inc. Quote In February, Affiliated Managers announced the acquisition of a minority equity stake in HighBrook Investors, a real estate investment manager specializing in thematic value-add opportunities in the United States and Europe. HighBrook has committed more than $2.3 billion of equity across more than 80 investments. The firm’s gross asset value totaled approximately $5.7 billion through its flagship fund series and co-investment vehicles. Management expects adjusted EBITDA in the $310-$330 million range based on the current AUM levels and net performance fees of $40-$60 million. This includes the impact of the 2025 new investments and affiliate sales and the partial impact of additional investment in Garda and new investment in HighBrook. Interest expenses are expected to be $37 million. Controlling interest depreciation is likely to be $1 million. Net income (controlling interest) is expected to be between $174 million and $189 million. The company’s share of reported amortization and impairments is anticipated to be $30 million. Intangible-related deferred taxes are projected to be $14 million. Other economic items, which now include realized gains, are anticipated to be roughly $1 million. Our quantitative model predicts an earnings beat for Affiliated Managers this time. This is because it has the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: The Earnings ESP for Affiliated Managers is +8.76%. Zacks Rank: The company currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks...

Invesco (IVZ) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.36%. A quarter ago, it was expected that this investment management company would post earnings of $0.58 per share when it actually produced earnings of $0.62, delivering a surprise of +6.9%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Invesco, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $1.26 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $1.11 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Invesco shares have lost about 3% since the beginning of the year versus the S&P 500's gain of 4.8%. While Invesco has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Invesco was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy)...