Invesco Mortgage Capital (IVR) Posts 70% Annual Earnings Growth, Analysts Expect Revenue Decline Despite High-Quality Earnings

Invesco Mortgage Capital (IVR) has reported a turnaround with a 70% annual earnings growth rate over the past five years, becoming profitable after a period in the red. However, analysts expect revenue to decline at an average rate of 3.1% per year over the next three years, raising concerns about the sustainability of recent profit gains. The company's high-quality earnings and margin expansion are expected to rise from 39.1% to 90.6% within three years, driven by its capital structure overhaul and hedging strategies.