Wheaton Precious Metals (WPM) Reports Q1 Earnings: What Key Metrics Have to Say

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$0.55, up from $0.36 a year ago, representing a surprise of 10.00$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]