07:55 AM EDT, 04/23/2024 (MT Newswires) -- Invesco ( IVZ ) reported Q1 adjusted earnings Tuesday of $0.33 per diluted share, down from $0.38 a year earlier.

Analysts polled by Capital IQ expected $0.40.

Operating revenue for the quarter ended March 31 was $1.48 billion, up from $1.42 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.08 billion

The company said it raised its cash dividend to $0.205 per common share, payable June 4 to shareholders of record May 14.

Shares of Invesco ( IVZ ) were down 2.4% in recent Tuesday premarket activity.