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A Look Ahead: WisdomTree's Earnings Forecast

WisdomTree (NYSE:WT) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that WisdomTree will report an earnings per share (EPS) of $0.16.

WisdomTree bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.02, leading to a 0.0% drop in the share price the following trading session.

Here's a look at WisdomTree's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.14

0.11

0.10

0.1

EPS Actual

0.16

0.12

0.11

0.1

Price Change %

6.0%

-1.0%

1.0%

-5.0%

Stock Performance

Shares of WisdomTree were trading at $10.16 as of October 23. Over the last 52-week period, shares are up 64.81%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Observations about WisdomTree

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of ...