Wheaton Precious Metals to Report Q2 Earnings: What's in Store?

Core Insights - Wheaton Precious Metals (WPM) is set to report its second-quarter 2025 results on August 7, with sales estimated at $467.7 million, reflecting a 56.4% year-over-year growth [1][5] - The consensus estimate for WPM's earnings is 58 cents per share, indicating a 75.8% increase compared to the previous year [1][5] - Earnings estimates have risen by 16% over the past 60 days [1] Financial Performance - WPM's earnings have exceeded consensus estimates in two of the last four quarters, with an average surprise of 5.9% [3] - The projected total attributable production for WPM in Q2 2025 is 148,461 gold equivalent ounces (GEOs), marking a 2.6% year-over-year increase [8] - Gold production is expected to be 86,697 ounces, a 3.8% increase year-over-year, with gold sales projected at $281 million, indicating a 54% year-over-year rise [10][11] Production Insights - The company anticipates an attributable production of 600,000-670,000 GEOs for 2025, representing a 10% year-over-year increase [7] - Silver production is projected at 5.11 million ounces, a 1.3% increase year-over-year, with silver sales expected to reach $151 million, a 35.8% year-over-year rise [12][13] - Attributable production of palladium is expected to decline by 45.4% year-over-year, while cobalt production is projected to increase by 43.8% [14] Market Performance - WPM's stock has increased by 75.9% over the past year, significantly outperforming the industry average growth of 10.4% [16]