Wheaton Precious Metals Corp. (WPM) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wheaton Precious Metals Corp. is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with earnings expected to be $0.45 per share, reflecting a 25$380.74 million, a 21.5% rise from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for March 13, and the stock may experience upward movement if the reported figures exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 1.25% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Wheaton Precious Metals is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.65%, which indicates a bearish outlook from analysts [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, but Wheaton Precious Metals currently holds a Zacks Rank of 3, making it challenging to predict a beat [8][11]. Historical Performance - In the last reported quarter, Wheaton Precious Metals met the expected earnings of $0.34 per share, resulting in no surprise, and has beaten consensus EPS estimates three times over the last four quarters [12][13]. Conclusion - While Wheaton Precious Metals does not appear to be a compelling candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].