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Wheaton Precious Metals Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2024, Wheaton Precious Metals Corp. (NYSE: WPM) reported revenue of $296.81 million, up 38.4% over the same period last year. EPS came in at $0.36, compared to $0.23 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $284.64 million, representing a surprise of +4.28%. The company delivered an EPS surprise of +24.14%, with the consensus EPS estimate being $0.29.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Wheaton Precious Metals performed in the just reported ...