Wheaton Precious Metals(WPM)
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Wheaton Precious Metals Announces Election of Directors and Approval of Special Matters
Prnewswire· 2025-05-09 22:25
Core Points - Wheaton Precious Metals Corp. held its 2025 Annual and Special Meeting of Shareholders where nominees for the Board of Directors were elected [1][3] - The company announced the passing of long-serving director Peter Gillin, who will be remembered for his contributions [2] - Shareholders approved a non-binding advisory resolution on executive compensation with 94.94% votes in favor [3] Board of Directors Election Results - George L. Brack received 320,198,848 votes (97.83% for) with 7,090,095 votes withheld (2.17% withheld) [3] - Jaimie Donovan received 323,374,043 votes (98.80% for) with 3,914,900 votes withheld (1.20% withheld) [3] - Chantal Gosselin received 312,988,404 votes (95.63% for) with 14,300,539 votes withheld (4.37% withheld) [3] - Jeane Hull received 322,832,980 votes (98.64% for) with 4,455,963 votes withheld (1.36% withheld) [3] - Glenn Ives received 326,462,793 votes (99.75% for) with 826,150 votes withheld (0.25% withheld) [3] - Charles A. Jeannes received 321,612,216 votes (98.27% for) with 5,676,727 votes withheld (1.73% withheld) [3] - Marilyn Schonberner received 324,225,349 votes (99.06% for) with 3,063,594 votes withheld (0.94% withheld) [3] - Randy V.J. Smallwood received 326,818,313 votes (99.86% for) with 470,630 votes withheld (0.14% withheld) [3] - Srinivasan Venkatakrishnan received 324,453,056 votes (99.13% for) with 2,835,887 votes withheld (0.87% withheld) [3]
3 Reasons Growth Investors Will Love Wheaton Precious Metals (WPM)
ZACKS· 2025-05-09 17:46
Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Wheaton Precious Metals Corp. (WPM) is highlighted as a recommended growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 7.8%, but projected EPS growth for this year is expected to be 45.9%, surpassing the industry average of 44.7% [5] Group 2: Financial Metrics - Cash flow growth is crucial for growth-oriented companies, and Wheaton Precious Metals currently has a year-over-year cash flow growth of 18.6%, significantly higher than the industry average of -4.1% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 11.7%, compared to the industry average of 4.8% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Wheaton Precious Metals, with the Zacks Consensus Estimate for the current year increasing by 9.9% over the past month [8] - The company has earned a Growth Score of B and holds a Zacks Rank 2 due to these positive earnings estimate revisions, positioning it well for potential outperformance [10]
Wheaton Precious Metals (WPM) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-09 02:00
Core Insights - Wheaton Precious Metals Corp. reported a revenue of $470.41 million for Q1 2025, marking a year-over-year increase of 58.5% and exceeding the Zacks Consensus Estimate by 13.36% [1] - The earnings per share (EPS) for the same quarter was $0.55, up from $0.36 a year ago, representing a surprise of 10.00% over the consensus estimate of $0.50 [1] Financial Performance Metrics - Units sold for silver were 4,483 ounces, surpassing the average estimate of 4,355.46 ounces from 12 analysts [4] - Gold production from Sudbury was 4.89 ounces, below the estimated 6.52 ounces, while production from Salobo was 71.38 ounces, exceeding the estimate of 62.04 ounces [4] - Gold production from Constancia was 4.88 ounces, below the average estimate of 8.71 ounces [4] - Silver sales reached $144.94 million, exceeding the estimate of $136.26 million and reflecting a 50% increase year-over-year [4] - Gold sales amounted to $319.70 million, surpassing the average estimate of $274.21 million, with a year-over-year increase of 67.7% [4] - Sales of palladium were $2.37 million, below the estimate of $2.58 million, representing a year-over-year decline of 49.3% [4] - Cobalt sales were $3.41 million, below the estimated $4.59 million, reflecting a year-over-year decrease of 28.8% [4] Stock Performance - Wheaton Precious Metals shares have returned 13.8% over the past month, outperforming the Zacks S&P 500 composite's 11.3% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Wheaton Precious Metals Corp. (WPM) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-08 23:20
Core Insights - Wheaton Precious Metals Corp. reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.36 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 $296.81 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 $406.12 million, and for the current fiscal year, it is $2.06 on revenues of $1.71 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]
Wheaton Precious Metals Announces Passing of Founding Director
Prnewswire· 2025-05-06 01:30
Core Viewpoint - Wheaton Precious Metals Corp. announced the passing of founding board member Peter Gillin, who significantly contributed to the company's growth and success over his two-decade tenure on the Board of Directors [1][2][3]. Company Contributions and Leadership - Peter Gillin had over 40 years of experience in the mining and financial sectors, serving as a dedicated board member for more than 20 years [2]. - He held key positions including former Chair of the Compensation Committee and was a member of the Governance and Sustainability and Audit Committees, where his leadership was vital for Wheaton's development [2]. - The company plans to honor Mr. Gillin's legacy by increasing its contribution to the Heart and Stroke Foundation of Canada [3]. Company Overview - Wheaton Precious Metals is recognized as the world's premier precious metals streaming company, boasting a high-quality portfolio of long-life, low-cost assets [4]. - The company's business model provides investors with leverage to commodity prices and exploration upside while maintaining a lower risk profile compared to traditional mining companies [4]. - Wheaton achieves some of the highest cash operating margins in the mining industry, enabling it to pay competitive dividends and pursue growth through accretive acquisitions [4].
Investing Like a Pro: The One Trigger That Predicts Explosive Gains
ZACKS· 2025-05-05 16:30
Group 1: Investment Strategy - The importance of a disciplined, rule-based investment strategy is emphasized, which helps investors avoid emotional decision-making [1][2] - The Zacks Rank system is highlighted as a mechanical strategy that has consistently outperformed the market, particularly through analyzing earnings estimate revisions [3][11] Group 2: Company Overview - Wheaton Precious Metals (WPM) is identified as a leading precious metals streaming company with interests in 23 operating mines and 13 development projects [5] - The company has consistently exceeded earnings estimates over the past eight quarters, achieving a trailing four-quarter average earnings surprise of 9.5% [6][11] Group 3: Earnings Performance - WPM's stock has returned 57.5% over the past year and is up more than 45% in 2025, despite a market correction [6] - Analysts have raised WPM's second-quarter earnings estimates by 16.28%, with the Zacks Consensus Estimate now at $0.50 per share, indicating a potential growth of 38.9% year-over-year [10] Group 4: Earnings Surprise Prediction - The Zacks Earnings ESP model aims to identify companies with positive earnings estimate revisions, which can predict future performance [8] - WPM holds a Zacks Rank 2 (Buy) and has a +1.4% Earnings ESP, suggesting a potential earnings beat in the upcoming Q2 report [9]
WPM Gears Up to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-05 16:01
Core Viewpoint - Wheaton Precious Metals (WPM) is expected to report strong first-quarter 2025 results, with significant growth in sales and earnings compared to the previous year, driven by higher gold and silver prices despite lower sales volumes [1][4][12]. Financial Performance - The Zacks Consensus Estimate for WPM's first-quarter sales is $414.98 million, reflecting a 39.8% increase from the prior-year quarter [1]. - The consensus estimate for earnings is 50 cents per share, indicating a year-over-year growth of 39% [1]. - Earnings estimates have increased by 16.3% over the past 60 days [1]. Production and Sales Outlook - WPM projects an attributable production of 600,000-670,000 gold equivalent ounces (GEOs) for 2025, representing a 10% year-over-year increase [4]. - The first-quarter production is estimated at 155,606 GEOs, accounting for 24% of the yearly total, which indicates a 2% decline year-over-year [5]. - Gold production is projected at 92,438 ounces, a slight increase of 0.5% year-over-year [6]. - Silver production is expected to be 4.46 million ounces, with a realized price of approximately $30.95 per ounce, a 30% increase year-over-year [11]. Price Performance - WPM's stock has increased by 22.6% over the past three months, outperforming the industry, which has seen a 2% decline [13].
Gear Up for Wheaton Precious Metals (WPM) Q1 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-05-05 14:21
Core Viewpoint - Wheaton Precious Metals Corp. is expected to report a significant increase in quarterly earnings and revenues, indicating strong performance compared to the previous year [1]. Earnings and Revenue Estimates - The anticipated earnings per share (EPS) for the upcoming quarter is $0.50, reflecting a 38.9% increase year over year [1]. - Analysts forecast revenues of $414.98 million, which represents a 39.8% year-over-year increase [1]. - Over the past 30 days, the consensus EPS estimate has been revised upward by 13.2%, indicating a positive reassessment by analysts [2]. Sales Projections - Analysts predict 'Sales- Gold- Stillwater' to reach $5.58 million, a year-over-year increase of 14.2% [5]. - 'Sales- Silver' is estimated at $137.99 million, showing a significant increase of 42.8% from the previous year [5]. - The combined assessment for 'Sales- Palladium' is projected at $2.63 million, indicating a decline of 43.8% year over year [5]. - 'Sales- Cobalt' is expected to reach $5.44 million, reflecting a 13.7% increase from the prior year [6]. Production Estimates - The consensus for 'Units Produced - Gold - Sudbury' is 6.30 Oz, down from 7.05 Oz reported in the same quarter last year [7]. - 'Units Produced - Gold - Salobo' is projected at 58.33 Oz, compared to 61.62 Oz in the previous year [7]. - 'Units Produced - Gold - Constancia' is estimated at 10.19 Oz, down from 13.9 Oz year over year [8]. - 'Units Produced - Silver - Antamina' is expected to reach 1,068.31 Oz, an increase from 806 Oz reported last year [8]. - 'Units Produced - Silver - Constancia' is projected at 695.75 Oz, up from 640 Oz in the previous year [9]. Market Performance - Over the past month, Wheaton Precious Metals shares have increased by 14%, outperforming the Zacks S&P 500 composite, which saw a change of +0.4% [9]. - The company holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the market in the upcoming period [9].
Wheaton Precious Metals Corp. (WPM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-05-01 15:08
Core Viewpoint - The market anticipates Wheaton Precious Metals Corp. (WPM) will report a year-over-year increase in earnings and revenues for the quarter ended March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $0.50 per share, reflecting a year-over-year increase of +38.9% [3]. - Expected revenues are $414.98 million, which is a 39.8% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 13.46% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, leading to an Earnings ESP of +1.40% [10][11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Stocks with this combination have historically produced a positive surprise nearly 70% of the time [8]. Historical Performance - In the last reported quarter, Wheaton Precious Metals met the consensus EPS estimate of $0.44, resulting in no surprise [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Conclusion - Wheaton Precious Metals is positioned as a compelling earnings-beat candidate, but investors should consider other factors influencing stock performance ahead of the earnings release [16].
Wheaton Precious Metals to Release 2025 First Quarter Results on May 8, 2025
Prnewswire· 2025-04-22 21:00
Group 1 - Wheaton Precious Metals Corp. will release its 2025 first quarter results on May 8, 2025, after market close [1] - A conference call to discuss the results will be held on May 9, 2025, at 11:00 am ET [1] - The conference call will be recorded and available until May 16, 2025, and the webcast will be available for one year [1] Group 2 - Wheaton Precious Metals is recognized as the world's premier precious metals streaming company with a high-quality portfolio of long-life, low-cost assets [2] - The company's business model provides investors with leverage to commodity prices and exploration upside while maintaining a lower risk profile compared to traditional mining companies [2] - Wheaton boasts some of the highest cash operating margins in the mining industry, enabling it to pay competitive dividends and pursue growth through accretive acquisitions [2]