Wheaton Precious Metals Q3 EPS $0.268 Misses $0.29 Estimate, Sales $223.14M Miss $257.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wheaton Precious Metals (NYSE:WPM) reported Q3 earnings of $0.27 per share, missing the analyst consensus estimate of $0.29 by 7.59%. The company also reported quarterly sales of $223.14 million, missing the analyst consensus estimate of $257.19 million by 13.24%. However, both earnings and sales show an increase compared to the same period last year.
November 09, 2023 | 10:50 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wheaton Precious Metals missed Q3 earnings and sales estimates, which could negatively impact the stock price in the short term.
Wheaton Precious Metals reported lower than expected earnings and sales for Q3. This miss could lead to a decrease in investor confidence and a potential short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100