Invesco reports Q3 adjusted EPS 44c, consensus 43c

Reports Q3 revenue $1.1B, consensus $1.11B. Ending AUM grew to a record high of $1.8T. “We continued our positive momentum in the quarter. We finished the period with record long-term AUM and $16.5B in long-term net inflows, despite ongoing market volatility across our global platform. Client engagements continue to broaden driven by our global network, diverse product suite, and improving investment results. As a result, we are pleased to report positive organic growth in all three regions, led by Asia Pacific at 9%, and across several asset classes, led by fixed income and ETFs. Importantly, we again generated positive operating leverage, and continued improvement in our operating income and margin. Our concentrated effort over the past several years to improve the balance sheet continues to pay off, putting us in position to repurchase $25 million of common stock during the quarter.”