Stock Track | WisdomTree Surges in Pre-Market After Q3 Earnings Beat Estimates

Stock Track

Oct 25, 2024

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1104351438"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1104351438\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1104351438?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-25 19:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104351438","market":"us","top_or_hot":-1,"title":"Stock Track | WisdomTree Surges in Pre-Market After Q3 Earnings Beat Estimates","media":"Stock Track","content":"<p>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.</p>\n\n<p>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.</p>\n\n<p>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.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | WisdomTree Surges in Pre-Market After Q3 Earnings Beat Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | WisdomTree Surges in Pre-Market After Q3 Earnings Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-25 19:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>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.</p>\n\n<p>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.</p>\n\n<p>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.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WT","symbol_name":"智慧树投资","start_time":0,"source_url":"","article_id":"1104351438","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104351438","pubTimestamp":1729854741,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of WisdomTree Investments  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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WT":"智慧树投资"},"translate_title":"第三季度盈利超出预期后，股票追踪WisdomTree盘前飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WT":1},"content_text":"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.\nWisdomTree 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.\nThe 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.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}