Westwood Q4 revenue rises on ETF interest

Reuters
02/14
Westwood Q4 revenue rises on ETF interest

Overview

  • Asset manager's Q4 revenue rose yr/yr, driven by ETF and fund interest

  • Q4 net income decreased from Q3 due to higher incentive compensation

  • Company expanded ETF platform, now exceeds $200 mln in AUM

Outlook

  • Company did not provide specific financial guidance for the current quarter or year in its press release

Result Drivers

  • ETF AND FUND INTEREST - Revenue increase driven by significant investor interest in ETFs and private energy secondaries funds

  • HIGHER INCENTIVE COMPENSATION - Q4 net income decreased from Q3 due to higher performance-related incentive compensation

  • ETF PLATFORM EXPANSION - Expanded ETF platform now exceeds $200 million in AUM

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

$27.10 mln

Q4 Adjusted EPS

$0.36

Q4 EPS

$0.21

Press Release: ID:nGNX99mRZq

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10