WisdomTree (WETF) Reports In-Line Q3 EPS
WisdomTree (NASDAQ: WETF) reported Q3 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $51.8 million versus the consensus estimate of $51.09 million.
Assets Under Management and Net Inflows
U.S. listed ETF assets under management (“AUM”) were $37.7 billion at September 30, 2016, down 0.8% from June 30, 2016 primarily due to $2.4 billion of net outflows partly offset by $2.0 billion of market appreciation. U.S. listed AUM was down 28.9% from September 30, 2015 primarily due to net outflows in Q4 2015 and 2016. Net outflows were primarily in our two largest funds, HEDJ and DXJ.
European listed AUM was $1.0 billion at September 30, 2016, up 7.0% from June 30, 2016 primarily due to market appreciation of $33.7 million and net inflows of $33.1 million. European listed AUM was up 46.4% from September 30, 2015 primarily due to net inflows.
For earnings history and earnings-related data on WisdomTree (WETF) click here.