Recap: Wisdom Tree Investments Q1 Earnings

Shares of Wisdom Tree Investments WETF were unchanged at $3.24 after the company reported Q1 results.

Quarterly Results

Earnings per share increased 40.00% year over year to $0.07, which beat the estimate of $0.05.

Revenue of $63,874,000 lower by 2.46% from the same period last year, which missed the estimate of $64,770,000.

Looking Ahead

WisdomTree Inv hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 01, 2020

Time: 11:04 AM ET

Webcast URL: https://edge.media-server.com/mmc/p/ctic6e5u

Technicals

52-week high: $7.37

52-week low: $1.87

Price action over last quarter: down 21.74%

Company Description

WisdomTree Investments is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager. Its ETP products are constructed to track or outperform the performance of broad or specific equity, fixed income, or alternatives market segment, or a basket of a commodity or currency. ETF options include funds that track WisdomTree's own indexes, third party indexes, or actively managed funds. WisdomTree offers its products through a number of distribution channels including brokerage firms, registered investment advisors (RIA), and institutional investors. RIAs and wirehouses provide over half of the company's assets under management.