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

WisdomTree (WETF) Q2 Earnings Miss Estimates, Revenues Rise

Have you been eager to see how WisdomTree Investments, Inc.WETF performed in Q2 in comparison with the market expectations? Let's quickly scan through the key facts from this New York-based exchange-traded fund ('ETF') and exchange-traded product ('ETP') sponsor and asset manager's earnings release this morning:

An Earnings Miss

WisdomTree came out with adjusted earnings per share of 6 cents which lagged the Zacks Consensus Estimate of 7 cents. Results reflected increase in revenues and lower expenses. Further, growth in assets under management was a tailwind.

How Was the Estimate Revision Trend?

You should note that the earnings estimate for WisdomTree remained stable prior to the earnings release. The Zacks Consensus Estimate has remained unchanged at 7 cents over the last 7 days.

However, before posting earnings miss in Q2...