Loading...
•
Sep 30, 2022
WisdomTree Investments Inc Q3 2022 Earnings Report
WisdomTree Investments Inc. reported a net income of $81.2 million and diluted earnings per share of $0.50 for Q3 2022.
Key Takeaways
WisdomTree Investments, Inc. reported financial results for the third quarter of 2022, with a net income of $81.2 million and diluted earnings per share of $0.50. The company experienced net inflows of $1.7 billion, driven by fixed income and U.S. equity products, which were partially offset by outflows from commodity products. Ending AUM was $70.9 billion, a decrease of 4.6% due to market depreciation, partially offset by net inflows.
Net income was $81.2 million ($9.3 million, as adjusted).
Diluted earnings per share was $0.50 ($0.06, as adjusted).
Net inflows were $1.7 billion, driven by fixed income and U.S. equity products.
Ending AUM was $70.9 billion, a decrease of 4.6% arising from market depreciation, partly offset by net inflows.
Forward Guidance
WisdomTree anticipates continued organic growth in its ETF franchise and sees its vision for digital assets and blockchain-enabled financial services fast becoming a reality.
Positive Outlook
- Opportunities for continued organic growth in the ETF franchise.
- Broad and deep product lineup.
- Strong performance.
- Solutions offerings.
- Growing managed models business.
Challenges Ahead
- Ultimate duration of the COVID-19 pandemic.
- War in Ukraine.
- Short-term and long-term impact on our business and the global economy.
- Adverse market developments arising from the COVID-19 pandemic could negatively impact our assets under management
- Declining prices of securities, gold and other precious metals and other commodities can adversely affect our business
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...