WisdomTree, Inc. (WT) reported $96.84 million in income for the quarter ended March 2024, representing a year-over-year enhance of 18%. EPS of $0.12 for a similar interval compares to $0.07 a 12 months in the past.
The reported income represents a shock of +1.15% over the Zacks Consensus Estimate of $95.74 million. With the consensus EPS estimate being $0.11, the EPS shock was +9.09%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s value efficiency extra precisely.
Right here is how WisdomTree, Inc. carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- AUM – finish of interval: $107.2 billion versus the three-analyst common estimate of $105.49 billion.
- Cryptocurrency – Finish of interval property: $874 million in comparison with the $643.90 million common estimate primarily based on two analysts.
- Inflows/(outflows) – Rising Markets Fairness: $217 million in comparison with the $215.80 million common estimate primarily based on two analysts.
- Inflows/(outflows) – Fastened Revenue: -$14 million versus the two-analyst common estimate of $46 million.
- Inflows/(outflows) – Commodity & Forex: -$460 million versus the two-analyst common estimate of -$656.72 million.
- U.S. Fairness – Finish of interval property: $31.67 billion versus $31.05 billion estimated by two analysts on common.
- Worldwide Developed Market Fairness – Finish of interval property: $18.10 billion versus $16.90 billion estimated by two analysts on common.
- Rising Market Fairness – Finish of interval property: $11.19 billion versus $11.14 billion estimated by two analysts on common.
- Fastened Revenue – Finish of interval property: $21.22 billion versus $21.31 billion estimated by two analysts on common.
- Leveraged & Inverse – Finish of interval property: $1.83 billion versus $1.83 billion estimated by two analysts on common.
- Working Revenues- Advisory charges: $92.50 million versus $91.53 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +19.2% change.
- Working Revenues- Different earnings: $4.34 million versus the three-analyst common estimate of $3.88 million. The reported quantity represents a year-over-year change of -1.6%.
View all Key Company Metrics for WisdomTree, Inc. here>>>
Shares of WisdomTree, Inc. have returned -4.6% over the previous month versus the Zacks S&P 500 composite’s -3.2% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
