ATLANTA (AP) — ATLANTA (AP) — Invesco PLC (IVZ) on Tuesday reported first-quarter net income of $204.2 million.
On a per-share basis, the Atlanta-based company said it had net income of 32 cents. Earnings, adjusted for one-time gains and costs, were 38 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
The investment management company posted revenue of $1.42 billion in the period. Its adjusted revenue was $1.08 billion, which met Street forecasts.
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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