WisdomTree reports Q2 adjusted EPS 18c, consensus 17c

Reports Q2 revenue $112.6M, consensus $112.81M. “With our acquisition of Ceres Partners-a premier partner to America’s family farmers and a top-five U.S. farmland manager overseeing nearly $2 billion-WisdomTree (WT) secures a historically double-digit-return asset class that diversifies our AUM, is accretive, and widens both revenue capture and operating margin,” said CEO Jonathan Steinberg. “It positions us to raise at least $750 million by 2030, and we see a credible path to managing roughly $10 billion in farmland assets over the next decade-adding a durable private-markets tailwind to our ETP, model-portfolio, and tokenization growth strategy.”