WisdomTree (WETF) Tops Q1 EPS by 1c

WisdomTree (NASDAQ: WETF) reported Q1 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $42.9 million versus the consensus estimate of $43.66 million.

Assets Under Management and Net Inflows

ETF assets under management ("AUM") were $33.9 billion at March 31, 2014, up 35.0% from $25.1 billion at March 31, 2013, and down 2.9% from $34.9 billion at December 31, 2013. AUM decreased from December 31, 2013 due to net outflows of $0.5 billion primarily in our emerging markets equity, currency and fixed income focused ETFs as well as in our Japan Hedged Equity ETF (DXJ). We also had negative market movement of $0.5 billion, primarily in those same funds.

Performance

In evaluating the performance of our Equity, Fixed Income and Alternatives ETFs against actively managed and index based mutual funds and ETFs, 85% of the $33.4 billion invested in our ETFs and 58% (29 of 50) of our ETFs outperformed their comparable Morningstar average since inception as of March 31, 2014.

For earnings history and earnings-related data on WisdomTree (WETF) click here.

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