WisdomTree Q1 2024 Adj EPS $0.12 Beats $0.11 Estimate, Sales $96.838M Beat $94.252M Estimate
Portfolio Pulse from Benzinga Newsdesk
WisdomTree (NYSE:WT) reported Q1 2024 adjusted EPS of $0.12, surpassing the $0.11 estimate, with sales of $96.838M exceeding the $94.252M forecast. This represents a 71.43% increase in earnings and an 18.03% increase in sales from the same period last year.
April 26, 2024 | 11:05 am
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POSITIVE IMPACT
WisdomTree's Q1 2024 earnings and sales beat estimates, with a significant year-over-year growth in both metrics.
WisdomTree's better-than-expected Q1 2024 earnings and sales growth are likely to positively impact investor sentiment and the stock price in the short term. The substantial year-over-year growth in earnings (71.43%) and sales (18.03%) indicates strong company performance and operational efficiency, which could lead to increased investor confidence and demand for WT shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100