Invesco (NYSE:IVZ) reported its Q1 earnings last week, with EPS of $0.38 beating the Street estimate of $0.36. However, revenue of $1.08 billion slightly missed the Street estimate of $1.09 billion.
RBC Capital analysts provided their views following the earnings announcement. Overall, incoming CEO Mr. Schlossberg’s comments on the call reaffirmed RBC’s view of a relatively unchanged longer-term strategy for the company. According to the analysts, the emphasis remains on potential growth areas: ETFs, the greater China region, private markets, active fixed income, and active global equities.