Wheaton Precious Metals Q2 2024 Adj. EPS $0.33 Beats $0.31 Estimate, Sales $299.064M Miss $310.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wheaton Precious Metals (NYSE:WPM) reported Q2 2024 adjusted EPS of $0.33, beating the analyst estimate of $0.31. However, sales of $299.064 million missed the $310.500 million estimate. Sales increased by 12.87% compared to the same period last year.
August 07, 2024 | 9:03 pm
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Wheaton Precious Metals reported Q2 2024 adjusted EPS of $0.33, beating the analyst estimate of $0.31. However, sales of $299.064 million missed the $310.500 million estimate. Sales increased by 12.87% compared to the same period last year.
The mixed results, with EPS beating estimates but sales missing, create a neutral short-term outlook. The increase in sales year-over-year is a positive sign, but the miss on sales estimates may cause some investor concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100