Wheaton Precious Metals Corp reports results for the quarter ended December 31 - Earnings Summary

• Wheaton Precious Metals Corp WPM.TO reported quarterly adjusted earnings of $1.22​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of eleven analysts for the quarter was for earnings of $1.02 per share. Wall Street expected results to range from 85 cents to $1.15 per share.

• Revenue rose 127.2% to $864.71 million from a year ago; analysts expected $751.43 million.

• Wheaton Precious Metals Corp's reported EPS for the quarter was $1.23​.

• The company reported quarterly net income of $558.25 million.

• Wheaton Precious Metals Corp shares had risen by 24.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the gold peer group is also "buy"

• Wall Street's median 12-month price target for Wheaton Precious Metals Corp is $175.00, about 16.7% above its last closing price of $145.73

This summary was machine generated from LSEG data March 13 at 08:44 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)