WisdomTree(WT)

Search documents
Compared to Estimates, WisdomTree, Inc. (WT) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-25 14:35
WisdomTree, Inc. (WT) 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 wi ...
WisdomTree, Inc. (WT) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-25 13:11
WisdomTree, Inc. (WT) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.16, delivering a surprise of 14.29%.Over the last four quarters, the company ha ...
WisdomTree(WT) - 2024 Q3 - Quarterly Results
2024-10-25 12:03
Exhibit 99.1 WisdomTree Announces Third Quarter 2024 Results Record AUM of $112.6 Billion 850 bps of Operating Margin Expansion vs. YTD September 30, 2023 Diluted Loss Per Share of -$0.13 and +$0.18 Earnings Per Share, as Adjusted New York, NY – (Business Wire) – October 25, 2024 – WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the third quarter of 2024. ($4.5) million of net loss ($28.8 million of net income, as adjusted), including a loss on extinguishment ...
3 Reasons Growth Investors Will Love WisdomTree, Inc. (WT)
ZACKS· 2024-10-24 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...
Why WisdomTree, Inc. (WT) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-10-23 17:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering WisdomTree, Inc. (WT) , which belongs to the Zacks Financial - Miscellaneous Services industry.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 11.69%.For the last reported quarter, WisdomTree, Inc. Came out with earnin ...
WisdomTree, Inc. (WT) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-21 17:00
WisdomTree, Inc. (WT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a c ...
Is WisdomTree U.S. High Yield Corporate Bond ETF (QHY) a Strong ETF Right Now?
ZACKS· 2024-10-18 11:21
Core Viewpoint - The WisdomTree U.S. High Yield Corporate Bond ETF (QHY) offers investors exposure to the high-yield corporate bond market, aiming to match the performance of the WisdomTree U.S. High Yield Corporate Bond Index, which focuses on issuers with attractive fundamental and income characteristics [1][3]. Fund Overview - QHY was launched on April 27, 2016, and has accumulated over $220.56 million in assets, categorizing it as an average-sized ETF in the high-yield bond space [1][3]. - The fund is managed by WisdomTree and seeks to replicate the performance of a rule-based alternatively weighted index [3]. Cost Structure - The annual operating expenses for QHY are 0.38%, which is competitive within its peer group [4]. - The fund's 12-month trailing dividend yield is reported at 6.26% [4]. Holdings and Sector Exposure - The fund's top holdings include ViacomCBS Inc (4.95% due 1/15/2031) and Organon Finance 1 LLC (5.125% due 4/30/2031), with the top 10 holdings accounting for approximately 8.14% of total assets [5]. - The fund has a diversified portfolio with about 479 holdings, which helps mitigate company-specific risk [6][7]. Performance Metrics - As of October 18, 2024, QHY has increased by approximately 3.97% year-to-date and has remained flat over the past year [6]. - The ETF has traded within a range of $44.85 to $46.48 over the past 52 weeks [6]. Alternatives in the Market - Other ETFs in the high-yield bond space include iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and iShares Broad USD High Yield Corporate Bond ETF (USHY), with assets of $14.46 billion and $19.95 billion respectively [7]. - HYG has an expense ratio of 0.49%, while USHY charges 0.08%, indicating potential alternatives for cost-conscious investors [7].
WisdomTree: An Attractive Growth Play In The Financial Sector
Seeking Alpha· 2024-10-14 20:29
WisdomTree (NYSE: WT ) has reported a positive operating momentum in recent quarters supported by revenue growth and margin expansion, plus its growth prospects ahead are good. Despite this positive backdrop, its shares are trading at a discount compared to its historical valuation, making it Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy ...
Bragar Eagel & Squire, P.C. Is Investigating WisdomTree and Franklin and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-09-10 01:00
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against WisdomTree, Inc. (NYSE:WT) and Franklin Resources, Inc. (NYSE: BEN). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. WisdomTree, Inc. (NYSE:WT) On August 6, 2024, WisdomTr ...
Down -6.38% in 4 Weeks, Here's Why You Should You Buy the Dip in WisdomTree, Inc. (WT)
ZACKS· 2024-09-09 14:35
WisdomTree, Inc. (WT) has been on a downward spiral lately with significant selling pressure. After declining 6.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...