We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, WisdomTree, Inc. (WT) Q3 Earnings: A Look at Key Metrics
Read MoreHide Full Article
WisdomTree, Inc. (WT - Free Report) reported $113.17 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 25.2%. EPS of $0.18 for the same period compares to $0.10 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $110.8 million, representing a surprise of +2.13%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.17.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how WisdomTree, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
AUM - end of period: $112.6 billion versus $112.73 billion estimated by three analysts on average.
Emerging Market Equity - End of period assets: $12.45 billion versus the two-analyst average estimate of $12.45 billion.
Fixed Income - End of period assets: $20.77 billion versus the two-analyst average estimate of $20.77 billion.
Leveraged & Inverse - End of period assets: $2.08 billion compared to the $2.08 billion average estimate based on two analysts.
Alternatives - End of period assets: $470 million compared to the $470.25 million average estimate based on two analysts.
Commodity & Currency - End of period assets: $23.03 billion compared to the $23.03 billion average estimate based on two analysts.
Inflows/(outflows) - Alternatives: $54 million versus the two-analyst average estimate of $53.96 million.
Inflows/(outflows) - Commodity & Currency: -$741 million versus -$740.97 million estimated by two analysts on average.
Inflows/(outflows) - Emerging Markets Equity: -$20 million versus the two-analyst average estimate of -$19.98 million.
Inflows/(outflows) - Fixed Income: -$897 million versus -$896.85 million estimated by two analysts on average.
Operating Revenues- Advisory fees: $101.66 million compared to the $102.71 million average estimate based on three analysts. The reported number represents a change of +17.4% year over year.
Operating Revenues- Other income: $11.51 million compared to the $8.10 million average estimate based on three analysts. The reported number represents a change of +200.9% year over year.
Shares of WisdomTree, Inc. have returned +3.6% over the past month versus the Zacks S&P 500 composite's +1.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Compared to Estimates, WisdomTree, Inc. (WT) Q3 Earnings: A Look at Key Metrics
WisdomTree, Inc. (WT - Free Report) reported $113.17 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 25.2%. EPS of $0.18 for the same period compares to $0.10 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $110.8 million, representing a surprise of +2.13%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.17.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how WisdomTree, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- AUM - end of period: $112.6 billion versus $112.73 billion estimated by three analysts on average.
- Emerging Market Equity - End of period assets: $12.45 billion versus the two-analyst average estimate of $12.45 billion.
- Fixed Income - End of period assets: $20.77 billion versus the two-analyst average estimate of $20.77 billion.
- Leveraged & Inverse - End of period assets: $2.08 billion compared to the $2.08 billion average estimate based on two analysts.
- Alternatives - End of period assets: $470 million compared to the $470.25 million average estimate based on two analysts.
- Commodity & Currency - End of period assets: $23.03 billion compared to the $23.03 billion average estimate based on two analysts.
- Inflows/(outflows) - Alternatives: $54 million versus the two-analyst average estimate of $53.96 million.
- Inflows/(outflows) - Commodity & Currency: -$741 million versus -$740.97 million estimated by two analysts on average.
- Inflows/(outflows) - Emerging Markets Equity: -$20 million versus the two-analyst average estimate of -$19.98 million.
- Inflows/(outflows) - Fixed Income: -$897 million versus -$896.85 million estimated by two analysts on average.
- Operating Revenues- Advisory fees: $101.66 million compared to the $102.71 million average estimate based on three analysts. The reported number represents a change of +17.4% year over year.
- Operating Revenues- Other income: $11.51 million compared to the $8.10 million average estimate based on three analysts. The reported number represents a change of +200.9% year over year.
View all Key Company Metrics for WisdomTree, Inc. here>>>Shares of WisdomTree, Inc. have returned +3.6% over the past month versus the Zacks S&P 500 composite's +1.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.