Wheaton Precious Metals Corp. (WPM) Surpasses Q2 Earnings and Revenue Estimates

Core Insights - Wheaton Precious Metals Corp. reported quarterly earnings of $0.63 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, and showing a significant increase from $0.33 per share a year ago, representing an earnings surprise of +8.62% [1] - The company achieved revenues of $503.22 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 7.58% and up from $299.06 million year-over-year [2] - Wheaton Precious Metals shares have increased approximately 75.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.9% [3] Earnings Outlook - The future performance of Wheaton Precious Metals' stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of $471.41 million, and for the current fiscal year, it is $2.32 on revenues of $1.91 billion [7] Industry Context - The Mining - Miscellaneous industry, to which Wheaton Precious Metals belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Wheaton Precious Metals may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]