We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Higher AUM on Upbeat Markets to Drive Invesco's Q4 Earnings
Read MoreHide Full Article
Key Takeaways
Invesco's Q4 AUM rose 2.1% sequentially to $2.17T, driven by market gains and net long-term inflows.
Performance fees are estimated to surge to $30.8M, up from $6.5M in the prior quarter.
IVZ reclassified QQQ into an open-end ETF and partnered with LGT to expand private market access.
Invesco (IVZ - Free Report) is scheduled to announce fourth-quarter and full-year 2025 results on Jan. 27, before market open. The company’s quarterly earnings and revenues are expected to have witnessed a rise on a year-over-year basis.
In the last quarter, IVZ’s adjusted earnings beat the Zacks Consensus Estimate. A rise in adjusted net revenues and an increase in the assets under management (AUM) balance were the positives. However, higher adjusted operating expenses hurt the results to some extent.
Invesco has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with the average surprise being 11.35%.
Per the monthly metrics data published by Invesco, its preliminary total AUM as of Dec. 31, 2025, was $2.17 trillion, up 2.1% on a sequential basis. Growth in AUM was largely driven by solid market returns and net long-term inflows. So, the company’s investment management fees are expected to have increased. The Zacks Consensus Estimate for the metric is pegged at $1.2 billion, indicating a rise of 3.9% from the previous quarter.
Similarly, the consensus estimate for performance fees of $30.8 million indicates a significant rise from the prior quarter’s actual of $6.5 million.
The consensus estimate for service and distribution fees of $417.1 million indicates growth of 4.1%. The Zacks Consensus Estimate for other revenues is pegged at $55.9 million, suggesting a 15.2% increase.
On the cost front, while Invesco’s cost-saving initiatives are likely to have boosted its efficiency, the rise in compensation and marketing costs is expected to have had an adverse impact on overall expenses in the to-be-reported quarter.
Management expects the one-time implementation costs of Alpha to be $10-$15 million in the fourth quarter of 2025.
Major Q4 Developments for Invesco
In December 2025, Invesco announced that shareholders approved a proposal to reclassify Invesco QQQ into an open-end exchange-traded fund (ETF), enabling it to earn revenues and profits instead of just recouping marketing costs.
Additionally, IVZ partnered with LGT Capital Partners, a leading privately held global specialist in alternative investing, to boost private markets access for U.S. wealth and retirement investors. Together, the firms intend to create a multi-alternative private markets offering, starting with a focus on the U.S. wealth and retirement segments. By leveraging their combined strengths, the partnership aims to make private markets more accessible through robust portfolio solutions and better investor education.
What Our Model Predicts for IVZ
According to our proven model, the chances of Invesco beating the Zacks Consensus Estimate for earnings this time are low. This is because it doesn’t have 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 Invesco is -0.80%.
Zacks Rank: The company currently carries a Zacks Rank #2 (Buy).
Invesco’s Q4 Earnings & Sales Estimates
The Zacks Consensus Estimate for Invesco’s earnings of 57 cents has remained unchanged over the past seven days. However, the figure indicates a rise of 9.6% from the year-ago quarter.
The consensus estimate for sales is pegged at $1.25 billion, suggesting an increase of 8.3%.
Invesco’s Peers Worth Considering
Here are a couple of IVZ’s peer stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:
Over the past seven days, the Zacks Consensus Estimate for SEI Investments’ quarterly earnings has remained unchanged at $1.34.
The Earnings ESP for Blackstone (BX - Free Report) is +0.46% and it carries a Zacks Rank #3. The company is slated to report fourth-quarter and full-year 2025 results on Jan. 29.
Over the past seven days, the Zacks Consensus Estimate for Blackstone’s quarterly earnings has been revised marginally lower to $1.51.
View the Zacks #1 Rank List
Image: Shutterstock
Higher AUM on Upbeat Markets to Drive Invesco's Q4 Earnings
Key Takeaways
Invesco (IVZ - Free Report) is scheduled to announce fourth-quarter and full-year 2025 results on Jan. 27, before market open. The company’s quarterly earnings and revenues are expected to have witnessed a rise on a year-over-year basis.
In the last quarter, IVZ’s adjusted earnings beat the Zacks Consensus Estimate. A rise in adjusted net revenues and an increase in the assets under management (AUM) balance were the positives. However, higher adjusted operating expenses hurt the results to some extent.
Invesco has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with the average surprise being 11.35%.
Invesco Ltd. Price and EPS Surprise
Invesco Ltd. price-eps-surprise | Invesco Ltd. Quote
Invesco’s Key Q4 Estimates & Factors to Note
Per the monthly metrics data published by Invesco, its preliminary total AUM as of Dec. 31, 2025, was $2.17 trillion, up 2.1% on a sequential basis. Growth in AUM was largely driven by solid market returns and net long-term inflows. So, the company’s investment management fees are expected to have increased. The Zacks Consensus Estimate for the metric is pegged at $1.2 billion, indicating a rise of 3.9% from the previous quarter.
Similarly, the consensus estimate for performance fees of $30.8 million indicates a significant rise from the prior quarter’s actual of $6.5 million.
The consensus estimate for service and distribution fees of $417.1 million indicates growth of 4.1%. The Zacks Consensus Estimate for other revenues is pegged at $55.9 million, suggesting a 15.2% increase.
On the cost front, while Invesco’s cost-saving initiatives are likely to have boosted its efficiency, the rise in compensation and marketing costs is expected to have had an adverse impact on overall expenses in the to-be-reported quarter.
Management expects the one-time implementation costs of Alpha to be $10-$15 million in the fourth quarter of 2025.
Major Q4 Developments for Invesco
In December 2025, Invesco announced that shareholders approved a proposal to reclassify Invesco QQQ into an open-end exchange-traded fund (ETF), enabling it to earn revenues and profits instead of just recouping marketing costs.
Additionally, IVZ partnered with LGT Capital Partners, a leading privately held global specialist in alternative investing, to boost private markets access for U.S. wealth and retirement investors. Together, the firms intend to create a multi-alternative private markets offering, starting with a focus on the U.S. wealth and retirement segments. By leveraging their combined strengths, the partnership aims to make private markets more accessible through robust portfolio solutions and better investor education.
What Our Model Predicts for IVZ
According to our proven model, the chances of Invesco beating the Zacks Consensus Estimate for earnings this time are low. This is because it doesn’t have 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 Invesco is -0.80%.
Zacks Rank: The company currently carries a Zacks Rank #2 (Buy).
Invesco’s Q4 Earnings & Sales Estimates
The Zacks Consensus Estimate for Invesco’s earnings of 57 cents has remained unchanged over the past seven days. However, the figure indicates a rise of 9.6% from the year-ago quarter.
The consensus estimate for sales is pegged at $1.25 billion, suggesting an increase of 8.3%.
Invesco’s Peers Worth Considering
Here are a couple of IVZ’s peer stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:
SEI Investments (SEIC - Free Report) is scheduled to report quarterly results on Jan. 28. The company has an Earnings ESP of +2.55% and a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Over the past seven days, the Zacks Consensus Estimate for SEI Investments’ quarterly earnings has remained unchanged at $1.34.
The Earnings ESP for Blackstone (BX - Free Report) is +0.46% and it carries a Zacks Rank #3. The company is slated to report fourth-quarter and full-year 2025 results on Jan. 29.
Over the past seven days, the Zacks Consensus Estimate for Blackstone’s quarterly earnings has been revised marginally lower to $1.51.