Wheaton Precious Metals stock has fared reasonably well this year, rising by about 29% year-to-date, ahead of the S&P 500. There have been a couple of factors helping Wheaton.
WPM's Q3 top line reflects an increased average realized gold equivalent price and higher GEOs sold in the quarter.
Wheaton Precious Metals Corp. (NYSE:WPM ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Emma Murray - Vice President of Investor Relations Randy Smallwood - President and Chief Executive Officer Gary Brown - Senior Vice President and Chief Financial Officer Haytham Hodaly - Senior Vice President, Corporate Development Wesley Carson - Vice President, Mining Operations Conference Call Participants Ralph Profiti - Eight Capital Tanya Jakusconek - Scotia Bank Lawson Winder - Bank of America Will Dalby - Berenberg Carey MacRury - Canaccord Genuity Operator Good morning, ladies and gentlemen. Thank you for standing by.
Although the revenue and EPS for Wheaton Precious Metals (WPM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Wheaton Precious Metals (WPM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Wheaton Precious Metals (WPM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Wheaton Precious Metals Corp. (WPM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wheaton Precious Metals (WPM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
WPM benefits from its diversified portfolio, and upticks in gold and silver prices.
Wheaton Precious Metals (WPM) reported earnings 30 days ago. What's next for the stock?
Wheaton Precious Metals uses a streaming model, financing mining projects in exchange for discounted future production, and avoiding operational risks. WPM's high margins, strong growth prospects, and focus on gold and silver make it a compelling investment compared to traditional miners. Despite a high valuation, WPM's fundamentals are solid, with robust dividends and exposure to low-risk jurisdictions, making it a top pick for gold exposure.