Invesco's stock experienced a significant decline of 5.10% during Tuesday's intraday trading session. The asset manager reported its fourth-quarter financial results, which revealed a complex picture of underlying operational performance overshadowed by a substantial accounting charge.

The company posted a quarterly net loss, with earnings per share coming in at -$2.61. This result was heavily impacted by a non-cash intangible asset impairment charge of $1.8 billion, which negatively affected diluted EPS by approximately $3.01.

Despite the net loss, Invesco's underlying business metrics showed strength. The company reported adjusted earnings per share of $0.62, surpassing analyst estimates of $0.58. Operating revenue for the quarter also increased to $1.69 billion, compared to $1.59 billion in the same period a year earlier.