WisdomTree Inc reports results for the quarter ended in September 30 - Earnings Summary

Wisdomtree

27/10/2024 15:45

* WisdomTree Inc  WT.N  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 10 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 17 cents per share. Wall Street
expected results to range from 16 cents to 19 cents per share.
    * Revenue rose 25.2% to $113.17 million from a year ago;
analysts
expected $110.07 million. 
    * WisdomTree Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $4.49 million.
    * WisdomTree Inc shares had risen by 3.9% this quarter and
gained 49.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for WisdomTree Inc is
13.75 
This summary was machine generated from LSEG data October 27 at
03:45 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.17           0.18           Beat
 Jun. 30 2024      0.14           0.16           Beat
 Mar. 31 2024      0.11           0.12           Beat
 Dec. 31 2023      0.10           0.11           Beat