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WisdomTree slips 3% after earnings miss

Published 02/02/2018, 08:05 AM
© Reuters.  WisdomTree slips 3% after earnings miss
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  • Q4 adjusted net income of $5.2M or $0.04 per share vs. $2.5M and $0.02 a year ago.
  • Dec. 31 AUM of $46.8B up 5.5% Q/Q, up 16.6% Y/Y. Rising markets helped. Inflows added a bit too - $300M in Q4 vs. outflows of $600M in Q3.
  • European AUM of $1.8B up 2.2% Q/Q/ Outflows of $65.7M vs. inflows of $229.3M in Q3.
  • Adjusted pretax margin in Q4 of 23.5% vs. pretax margin in Q3 of 33.4% (Q4 had charges related to tax reform and certain transaction costs).
  • Conference call at 9 ET
  • Previously: WisdomTree Investments misses by $0.03, beats on revenue (Feb. 2)
  • WETF -3.1%
  • Now read: Are Smart Beta ETFs Really Smart Enough To Outperform The Market?


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