Invesco (IVZ) shares surged 5.14% in pre-market trading on Tuesday, following the release of its impressive first-quarter 2025 financial results and the announcement of a significant stock repurchase program. The asset management firm reported better-than-expected earnings and revenue, demonstrating robust performance across key metrics.
Invesco's adjusted earnings per share (EPS) for Q1 came in at $0.44, surpassing the IBES estimate of $0.38. The company's revenue reached $1,529.2 million, significantly exceeding analyst expectations of $1,107 million. Additionally, Invesco reported a strong net income of $171.1 million and adjusted net income of $200.5 million, beating the IBES estimate of $171.9 million.
Further boosting investor confidence, Invesco announced a $1 billion repurchase of its Series A Preferred Stock held by MassMutual. This move, coupled with the report of $17.6 billion in net long-term inflows for the quarter and assets under management reaching $5,000 million, signals the company's financial strength and positive outlook. The strong financial performance and strategic capital allocation decisions likely contributed to the significant pre-market stock price increase, as investors respond positively to Invesco's growth and profitability indicators.