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WHG — Westwood Holdings News Story

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Westwood Q4 revenue rises on ETF interest

Overview

Asset manager's Q4 revenue rose yr/yr, driven by ETF and fund interest

Q4 net income decreased from Q3 due to higher incentive compensation

Company expanded ETF platform, now exceeds $200 mln in AUM

Outlook

Company did not provide specific financial guidance for the current quarter or year in its press release

Result Drivers

ETF AND FUND INTEREST - Revenue increase driven by significant investor interest in ETFs and private energy secondaries funds

HIGHER INCENTIVE COMPENSATION - Q4 net income decreased from Q3 due to higher performance-related incentive compensation

ETF PLATFORM EXPANSION - Expanded ETF platform now exceeds $200 million in AUM

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Revenue$27.10 mln
Q4 Adjusted EPS$0.36
Q4 EPS$0.21
Press Release: ID:nGNX99mRZq For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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