Shares of WisdomTree Investments (WT) soared 5.88% in pre-market trading on Thursday, after the asset management firm reported better-than-expected earnings and revenue for the third quarter of 2024.
WisdomTree reported a non-GAAP earnings per share of $0.18, surpassing analysts' estimates of $0.17 by $0.02. The company's revenue of $113.17 million also beat expectations, coming in $3.92 million higher than the consensus estimate of $110.07 million.
The strong financial performance was driven by solid growth in certain product categories, despite net outflows of $2.4 billion during the quarter. WisdomTree's assets under management (AUM) increased by 2.6% from the previous quarter, reaching $112.6 billion, primarily due to market appreciation.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。