Westwood Holdings Group, Inc. (WHG) Earnings
Westwood Holdings Group, Inc. is expected to report next earnings on July 29, 2026 (in NaN days).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | — | $0.31 | — | $25M | — |
| Feb 13, 2026 | — | $0.36 | — | $27M | — |
| Oct 30, 2025 | — | $0.64 | — | $24M | — |
| Aug 8, 2025 | — | $0.32 | — | $23M | — |
| Apr 30, 2025 | — | $0.29 | — | $23M | — |
| Feb 12, 2025 | — | $0.39 | — | $26M | — |
| Oct 30, 2024 | — | $0.13 | — | $24M | — |
| Jul 31, 2024 | — | $-0.06 | — | $23M | — |
| May 1, 2024 | — | $0.36 | — | $23M | — |
| Feb 14, 2024 | — | $0.63 | — | $23M | — |
| Oct 31, 2023 | — | $0.77 | — | $22M | — |
| Aug 2, 2023 | — | $0.70 | — | $22M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Brian Casey highlighted AUM growth to $18.3 billion, ETF suite AUM over $315 million, West 2 closing over $300 million, West 3 fundraising underway, combined institutional and intermediary gross sales ~$529 million, and sale of Vista Bank generating net gain ~$2 million. • AUM mix evolving toward income-oriented, real asset, and private market solutions. • U.S. value equity strategies under pressure but SMID Cap strategy top quartile in eVestment and Morningstar peer groups over trailing three years, Large Cap Value strategy competitive over ten years. • Multi-asset strategies encouraging, half or more top-tier over meaningful time horizons. • Salient energy and real asset strategies solid performance. • Institutional channel: gross sales $322 million, net inflows $32 million, successfully onboarded first institutional managed investment solutions client. • Intermediary channel: gross sales $207 million, net outflows $34 million, MDST gained major warehouse approval, YLDW approaching $25 million threshold. • Wealth management business strengthening with elevated client engagement, focus on holistic planning. • ETF milestones: MDST crossed $200 million AUM, three Enhanced Income Series ETFs over $320 million combined AUM, YLDW an extension of income ETF platform. • Energy secondaries business: Westwood Energy Secondaries Fund 2 closed over $300 million, raised nearly $350 million since 2023, fundraising for Fund 3 and co-investment fund underway. • Completed sale of Vista Bank, celebrated 25th anniversary of Westwood Real Estate Income Fund, and 43rd year of Westwood Holdings Group, Inc.
Guidance
• Believes market conditions evolving to favor company's investment philosophy. • Expect continued momentum in SMID Cap Value for defined contribution plans. • Private capital platform expected to attract increasing institutional interest after personnel and organizational structure enhancements. • ETF platform seeing strong demand with higher trading volumes and growing AUM. • Anticipates MDIF and MDST going fully live tomorrow across major wires.
Segment performance
Firmwide AUM grew from $17.4 billion at 12/31/2025 to $18.3 billion at 03/31/2026. ETF suite of products surpassed $315 million in combined AUM. West 2 closed at over $300 million, and West 3 fundraising is underway. Combined institutional and intermediary gross sales were approximately $529 million. Total revenues for the first quarter of 2026 were $25 million, compared to $27.1 million in the fourth quarter and $23.3 million in the prior year's first quarter. Assets under management and advisement totaled $18.3 billion at quarter end, with assets under management consisting of institutional assets ($9 billion, 52% of total), wealth management assets ($4.2 billion, 24% of total), and mutual fund and ETF assets ($4.1 billion, 24% of total).
Risks & headwinds
• Forward-looking statements subject to known and unknown risks, uncertainties, and other factors which may cause actual results to be materially different from those contemplated by the forward-looking statements. • Additional information concerning factors that could cause such a difference is included in the press release issued earlier today as well as in the Form 10-Q for the quarter ended 03/31/2026 that will be filed with the Securities and Exchange Commission.