Invesco: Q4 Earnings Snapshot

ATLANTA (AP) _ Invesco PLC (IVZ) on Tuesday reported fourth-quarter profit of $486 million.

On a per-share basis, the Atlanta-based company said it had net income of 92 cents. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The investment management company posted revenue of $1.76 billion in the period. Its adjusted revenue was $1.37 billion.

For the year, the company reported profit of $1.63 billion, or $2.99 per share. Revenue was reported as $5.26 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IVZ at https://www.zacks.com/ap/IVZ

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