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Invesco S&P Emerging Markets Momentum ETF EEMO

The investment seeks to track the investment results (before fees and expenses) of the S&P Momentum Emerging Plus LargeMidCap Index (the underlying index). The fund will invest at least 90% of its total assets in the securities of companies that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P Emerging Plus LargeMidCap that have the highest momentum score.


ARCA:EEMO - Post by User

Post by bandit69on Aug 04, 2016 2:38pm
1008 Views
Post# 25111111

Earnings

EarningsQ3 - wow.  and a revised forward guidance:

"Based on currently available information and our assessment of the marketplace, we expect revenues for fiscal 2016 to be in the range of $260 million to $280 million, net profit per share in the range of $1.65 to $1.90 per share and adjusted net profit(1) in the range of $1.74 to $1.99 per share."

emphasis mine.  excellent cashflow too.

Balance sheet, revenue statement, and cashflow statement are looking excellent.  I see on the cashflow statement that accts payable and accrued liabilities have made quite a jump over last year....I'd have to check if this is "normal" for this to happen....it could be just the timing of the financials vs. contract progressions....  Not sure but they have over $2 of current assets compared to current liabilities.  There is enough cash on the books too to accommodate it so it is not worrisome at all but the number jumped out at me.  I will look further when I have more time.
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