Wheaton Precious Metals (NYSE:WPM) is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Wheaton Precious Metals will report an earnings per share (EPS) of $0.34.
The market awaits Wheaton Precious Metals's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
Last quarter the company beat EPS by $0.02, which was followed by a 1.82% increase in the share price the next day.
Here's a look at Wheaton Precious Metals's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.310 | 0.330 | 0.290 |
| EPS Actual | 0.33 | 0.361 | 0.363 | 0.268 |
| Price Change % | 2.0% | -2.0% | -1.0% | 0.0% |
Tracking Wheaton Precious Metals's Stock Performance
Shares of Wheaton Precious Metals were trading at $65.57 as of November 05. Over the last 52-week period, shares are up 52.74%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Wheaton Precious Metals visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
