For the quarter ended March 2024, Wheaton Treasured Metals Corp. (WPM) reported income of $296.81 million, up 38.4% over the identical interval final yr. EPS got here in at $0.36, in comparison with $0.23 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $284.64 million, representing a shock of +4.28%. The corporate delivered an EPS shock of +24.14%, with the consensus EPS estimate being $0.29.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s value efficiency extra precisely.
Right here is how Wheaton Treasured Metals carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Ounces Produced – Complete Silver: 5,476 Ozin comparison with the 4,554.22 Ozaverage estimate based mostly on 9 analysts.
- Ounces Produced – Complete Gold: 93.37 Ozversus the nine-analyst common estimate of 85.77 Oz.
- Ounces Produced – Palladium – Stillwater: 4.46 Ozversus the nine-analyst common estimate of 4.8 Oz.
- Ounces Offered – Silver: 4,067 Ozversus 4,234.72 Ozestimated by 9 analysts on common.
- Revenues- Cobalt gross sales: $4.78 million in comparison with the $3.49 million common estimate based mostly on seven analysts. The reported quantity represents a change of -1.5% yr over yr.
- Revenues- Silver gross sales: $96.66 million in comparison with the $97.88 million common estimate based mostly on six analysts. The reported quantity represents a change of +12.8% yr over yr.
- Revenues- Palladium gross sales: $4.68 million in comparison with the $3.94 million common estimate based mostly on six analysts. The reported quantity represents a change of -1.2% yr over yr.
- Revenues- Gold gross sales: $190.69 million in comparison with the $184.78 million common estimate based mostly on six analysts. The reported quantity represents a change of +60% yr over yr.
- Revenues- Gold – San Dimas: $16.45 million versus $19.24 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -18.9% change.
- Revenues- Gold – Salobo: $117.85 million versus the five-analyst common estimate of $114.98 million. The reported quantity represents a year-over-year change of +72.1%.
- Revenues- Silver – Antamina: $18.09 million versus the five-analyst common estimate of $21.40 million. The reported quantity represents a year-over-year change of -2.7%.
- Revenues- Gold – Stillwater: $4.88 million in comparison with the $5.68 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +22.5% yr over yr.
View all Key Company Metrics for Wheaton Precious Metals here>>>
Shares of Wheaton Treasured Metals have returned +5.9% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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