Invesco reports strong second quarter results with $0.39 in non-GAAP EPS and $1.17B in revenue

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Invesco ($NYSE:IVZ) reports strong second quarter results with $0.39 in non-GAAP EPS and $1.17B in revenue. This is great news for Invesco, and investors will likely be pleased with the strong results.

However, it is important to note that this is just one quarter and it remains to be seen how Invesco will perform over the long term.

Market Reaction

The news was mostly met with negative media coverage, and the stock opened at $17.0 before closing at $16.7.

VI Analysis

The company’s fundamentals reflect its long-term potential, and the VI app makes it easy to analyze them. The fair value of the INVESCO share is around $20.0, calculated by the VI Line. The stock is currently trading at $16.7, which represents a fair price that is undervalued by 17%.

Summary

There are a few possible explanations for the stock price decline. First, Invesco’s results were slightly below analyst expectations. Finally, Invesco is facing increased scrutiny from regulators. Despite the stock price decline, Invesco remains a strong company with a diversified business. The company has a long history of paying dividends and is committed to shareholder returns. For these reasons, Invesco is still a attractive investment option for many investors.