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Wheaton Valuable Metals (WPM) Reviews Q3 Earnings: What Key Metrics Should Say

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For the quarter ended September 2024, Wheaton Valuable Metals Corp. (WPM) reported income of $308.25 million, up 38.1% over the identical interval final yr. EPS got here in at $0.34, in comparison with $0.27 within the year-ago quarter.

The reported income represents a shock of -5.03% over the Zacks Consensus Estimate of $324.57 million. With the consensus EPS estimate being $0.34, the corporate has not delivered EPS shock.

Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s worth efficiency.

Right here is how Wheaton Valuable Metals carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:

  • Ounces Bought – Silver: 3,875 Ozversus 4,194.1 Ozestimated by eight analysts on common.
  • Ounces Produced – Palladium – Stillwater: 4.03 Ozversus the eight-analyst common estimate of 4.29 Oz.
  • Ounces Produced – Complete Gold: 87.2 Ozin comparison with the 80.78 Ozaverage estimate primarily based on eight analysts.
  • Ounces Produced – Complete Silver: 4,554 Ozversus 4,843.25 Ozestimated by eight analysts on common.
  • Revenues- Silver gross sales: $115.15 million in comparison with the $125.38 million common estimate primarily based on 11 analysts. The reported quantity represents a change of +63.6% yr over yr.
  • Revenues- Palladium gross sales: $3.64 million versus $3.85 million estimated by 11 analysts on common. In comparison with the year-ago quarter, this quantity represents a -31.3% change.
  • Revenues- Gold gross sales: $188.52 million versus the 10-analyst common estimate of $192.49 million. The reported quantity represents a year-over-year change of +30.3%.
  • Revenues- Cobalt gross sales: $0.94 million in comparison with the $3.49 million common estimate primarily based on 10 analysts. The reported quantity represents a change of -65.9% yr over yr.
  • Revenues- Gold – Sudbury: $6.29 million versus $14.33 million estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a -33.3% change.
  • Revenues- Gold – Salobo: $144.66 million versus the eight-analyst common estimate of $133.68 million. The reported quantity represents a year-over-year change of +67.4%.
  • Revenues- Gold – San Dimas: $17.48 million versus the eight-analyst common estimate of $20.50 million. The reported quantity represents a year-over-year change of -7.2%.
  • Revenues- Gold – Constancia: $12.91 million in comparison with the $19.44 million common estimate primarily based on seven analysts. The reported quantity represents a change of -46.4% yr over yr.

View all Key Company Metrics for Wheaton Precious Metals here>>>

Shares of Wheaton Valuable Metals have returned +5.5% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.

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