WisdomTree Inc reports results for the quarter ended March 31 - Earnings Summary

• WisdomTree Inc WT.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of six analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 15 cents to 16 cents per share.

• Revenue rose 11.6% to $108.08 million from a year ago; analysts expected $109.06 million.

• WisdomTree Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $24.63 million.

• WisdomTree Inc shares had fallen by 2.1% this quarter and lost 16.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $12.25

This summary was machine generated from LSEG data May 2 at 12:00 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)