Invesco Water Resources ETF T.PHO

Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.

NDAQ:PHO - Post by User

Invesco Water Resources ETF > Q2 eps and backlog

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Comment by Mofonomoon Aug 03, 2020 11:34pm

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Post# 31359398

RE:RE:RE:RE:RE:RE:Q2 eps and backlog

Yes, actually looking at it again, the GM% might be a little high in my previous post. Q1 had a 61% GM whereas historically the GM% has been around 55%.

Not sure what caused the spike in Q1 (if it was due to pull-forward sales or due to NPIs that inherently have higher margins) but if the GM% drops back to the historical 55%, the EPS will be around $0.04.

Either way, I think Revenue and Backlog will be the 2 key items that I will be looking for.

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