Actionable news
0
All posts from Actionable news
Actionable news in WETF: WisdomTree Investments, Inc.,

WisdomTree: Felled on Unimpressive Results

WisdomTree Investments (WETF) shares have fallen more than 5%, despite reporting roughly in-line quarterly earnings results.

Photo by Mario Tama/Getty Images

The asset management firm reported second-quarter GAAP earnings per share of $0.06 -- excluding a three cents settlement gain related to Tradeworx -- on par with consensus expectations. Sales of $56.5 million came in below consensus estimates of $57.2 million, according to Bloomberg. Management reiterated its outlook...


More