Education
About Us
Working with TipRanks
Follow Us
Wheaton Precious Metals (WPM)
NYSE:WPM
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.51Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: 3.14%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in 2024 with record revenue and growth, exceeding production guidance, and strategic investments resulting in a positive outlook. However, challenges such as the impairment charge on the Voisey's Bay cobalt stream and anticipated production declines in certain segments were noted. Overall, the positive aspects significantly outweigh these challenges.Company Guidance
In the 2024 fourth quarter and full-year results call, Wheaton Precious Metals reported record financial performance, with revenue reaching approximately $1.3 billion, driven by a 20% increase in realized commodity prices and a 5% rise in sales volumes. The company achieved record production of 635,000 gold equivalent ounces, surpassing its annual guidance. The call highlighted a 6.5% increase in the quarterly dividend and emphasized Wheaton's unmatched growth profile, projecting a 40% increase in annual production to 870,000 gold equivalent ounces by 2029. The company anticipates a stable production forecast for Salobo and expects inaugural production from several projects, including Blackwater and Goose, in 2025. Wheaton's financial flexibility is strengthened by a cash balance of $818 million and an undrawn $2 billion revolving credit facility, allowing it to support ongoing and future projects. Additionally, the company has been recognized for its sustainability efforts, being one of the only two resource-focused companies named in the 2025 Global 100 Most Sustainable Corporations.Record Revenue and Growth
Wheaton Precious Metals achieved record revenue, adjusted net earnings, and operating cash flows in 2024. Revenue increased 26% to approximately $1.3 billion, and gross margin increased by 21% compared to the prior year.
Exceeding Production Guidance
Annual production of 635,000 gold equivalent ounces exceeded the top end of the company's production guidance for the year, driven by strong performance at Salobo, Constancia, and Penasquito.
New Investments and Portfolio Diversification
Wheaton acquired four new investments, including a gold stream on Montage Gold's Kone project, enhancing and diversifying its portfolio by expanding geographic presence and strengthening strategic partnerships.
Projected Growth in Production
Wheaton's five-year production forecast estimates a 40% increase to 870,000 gold equivalent ounces by 2029, supported by both organic growth and new asset production.
Increased Dividend Payout
Wheaton announced a 6.5% increase to its quarterly dividend, continuing its position as a leader in payout ratios within the precious metals sector.
Recognition in Sustainability
Wheaton was recognized by Corporate Knights as one of the 2025 Global 100 Most Sustainable Corporations and upgraded to a triple-A ESG rating by MSCI, highlighting its commitment to responsible operations.
---
WPM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
WPM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $72.72 | $73.82 | +1.51% |
| Nov 07, 2024 | $64.25 | $64.66 | +0.64% |
| Aug 07, 2024 | $53.13 | $54.10 | +1.83% |
| May 09, 2024 | $55.35 | $54.52 | -1.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Wheaton Precious Metals (WPM) report earnings?
Wheaton Precious Metals (WPM) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Wheaton Precious Metals (WPM) earnings time?
Wheaton Precious Metals (WPM) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WPM EPS forecast?
WPM EPS forecast for the fiscal quarter 2025 (Q1) is 0.51.
---