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

• WisdomTree, Inc. WT.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of seven analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 29 cents to 32 cents per share.

• Revenue rose 42.8% to $179.38 million from a year ago; analysts expected $179.54 million.

• WisdomTree, Inc.'s reported EPS for the quarter was 32 cents​.

• The company reported quarterly net income of $49.22 million.

• WisdomTree, Inc. shares had fallen by 11.3% this quarter and gained 76.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

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 no "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 $26.00, about 17.1% above its last closing price of $21.55

This summary was machine generated from LSEG data October 30 at 01:32 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)