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Wheaton Precious Metals Corp. (WPM) Q1 Earnings and Revenues Surpass Estimates
WPMWheaton Precious Metals(WPM) ZACKS·2025-05-08 23:20

Core Insights - Wheaton Precious Metals Corp. reported quarterly earnings of 0.55pershare,exceedingtheZacksConsensusEstimateof0.55 per share, exceeding the Zacks Consensus Estimate of 0.50 per share, and showing an increase from 0.36pershareayearago,representinga100.36 per share a year ago, representing a 10% earnings surprise [1] - The company achieved revenues of 470.41 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 13.36%, compared to 296.81millioninthesamequarterlastyear[2]WheatonPreciousMetalsshareshaveincreasedapproximately51296.81 million in the same quarter last year [2] - Wheaton Precious Metals shares have increased approximately 51% since the beginning of the year, contrasting with a -4.3% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.50 on revenues of 406.12million,andforthecurrentfiscalyear,itis406.12 million, and for the current fiscal year, it is 2.06 on revenues of 1.71billion[7]TheestimaterevisionstrendforWheatonPreciousMetalsisfavorable,leadingtoaZacksRank2(Buy)forthestock,indicatingexpectedoutperformanceinthenearfuture[6]IndustryContextTheMiningMiscellaneousindustry,towhichWheatonPreciousMetalsbelongs,iscurrentlyrankedinthebottom341.71 billion [7] - The estimate revisions trend for Wheaton Precious Metals is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Mining - Miscellaneous industry, to which Wheaton Precious Metals belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, HudBay Minerals, is expected to report a quarterly earnings decline of -31.3% and revenues of 521.22 million, down 0.7% from the previous year [9][10]