WisdomTree misses by $0.03, reports revs in-line :
- Reports Q4 (Dec) earnings of $0.03 per share, excluding non-recurring items, $0.03 worse than the Capital IQ Consensus of $0.06; revenues fell 33.6% year/year to $50.8 mln vs the $50.85 mln Capital IQ Consensus.
- U.S. listed ETF assets under management were $40.2 billion at December 31, 2016, up 6.5% from September 30, 2016 primarily due to $2.3 billion of market appreciation. U.S. listed AUM was down 22.2% from December 31, 2015 primarily due to net outflows in 2016. Net outflows were primarily in our two largest funds, HEDJ and DXJ. European listed AUM was $1.0 billion at December 31, 2016, largely unchanged from September 30, 2016 as market appreciation was offset by net outflows. European listed AUM was up 32.4% from December 31, 2015 primarily due to net inflows.
- "In evaluating the performance of our U.S. listed equity, fixed income and alternative ETFs against actively managed and index based mutual funds and ETFs, 95% of the $37.1 billion invested in our ETFs and 69% (52 of 75) of our ETFs outperformed their comparable Morningstar average since inception as of December 31, 2016."
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