Asset management firm WisdomTree (NYSE: WT) will be announcing earnings results this Friday before market open. Here’s what to look for.
WisdomTree missed analysts’ revenue expectations by 0.5% last quarter, reporting revenues of $112.6 million, up 5.2% year on year. It was a mixed quarter for the company, with but .
Is WisdomTree a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting WisdomTree’s revenue to grow 12.2% year on year to $122.9 million, slowing from the 21.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.21 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. WisdomTree has missed Wall Street’s revenue estimates four times over the last two years.
Looking at WisdomTree’s peers in the custody bank segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Invesco delivered year-on-year revenue growth of 7.4%, meeting analysts’ expectations, and BNY reported revenues up 9.1%, topping estimates by 2.1%. Invesco traded up 2.7% following the results while BNY was down 2.8%.
Read our full analysis of Invesco’s results here and BNY’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the custody bank stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.7% on average over the last month. WisdomTree is down 13.7% during the same time and is heading into earnings with an average analyst price target of $15.38 (compared to the current share price of $12).
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