WisdomTree(US:WT) ZACKS·2024-10-25 14:35Core Insights - WisdomTree, Inc. reported a revenue of $113.17 million for the quarter ended September 2024, marking a year-over-year increase of 25.2% and an EPS of $0.18 compared to $0.10 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $110.8 million by 2.13%, and the EPS also surpassed the consensus estimate of $0.17 by 5.88% [1] Financial Performance Metrics - The end of period assets for Emerging Market Equity were estimated at $12.45 billion, slightly below the average estimate of $112.73 billion for total assets [2] - Fixed Income end of period assets matched the average estimate at $20.77 billion [2] - Leveraged & Inverse end of period assets were reported at $2.08 billion, in line with the average estimate [2] - Alternatives end of period assets were reported at $470 million, slightly below the average estimate of $470.25 million [2] - Commodity & Currency end of period assets were reported at $23.03 billion, matching the average estimate [2] - Inflows for Alternatives were $54 million, exceeding the average estimate of $53.96 million [2] - Commodity & Currency experienced outflows of -$741 million, slightly worse than the estimated -$740.97 million [2] - Emerging Markets Equity had outflows of -$19.98 million, close to the average estimate of -$20 million [2] - Fixed Income outflows were reported at -$897 million, slightly worse than the estimated -$896.85 million [2] Revenue Breakdown - Operating Revenues from advisory fees increased by 17.4% year over year, reported at $101.66 million compared to the average estimate of $102.71 million [2] - Other income saw a significant increase of 200.9% year over year, reported at $11.51 million against an average estimate of $8.10 million [2] Stock Performance - WisdomTree, Inc. shares returned +3.6% over the past month, outperforming the Zacks S&P 500 composite's +1.4% change [2] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [2]