Silver Wheaton Corp (WPM) Set to Announce Earnings on Thursday
Silver Wheaton Corp (NYSE:WPM) is set to post its quarterly earnings results after the market closes on Thursday, November 9th. Analysts expect Silver Wheaton Corp to post earnings of $0.16 per share for the quarter.
Silver Wheaton Corp (NYSE:WPM) last issued its earnings results on Thursday, August 10th. The company reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $200.00 million during the quarter, compared to the consensus estimate of $217.81 million. Silver Wheaton Corp had a net margin of 25.05% and a return on equity of 5.90%. Silver Wheaton Corp’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS. On average, analysts expect Silver Wheaton Corp to post $0.61 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.
WPM has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Silver Wheaton Corp from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Royal Bank Of Canada set a $27.00 price target on shares of Silver Wheaton Corp and gave the company a “buy” rating in a research report on Monday, August 28th. TD Securities set a $28.00 price target on shares of Silver Wheaton Corp and gave the company a “buy” rating in a research report on Friday, October 20th. BMO Capital Markets restated a “buy” rating and set a $28.00 price target on shares of Silver Wheaton Corp in a research report on Wednesday, September 6th. Finally, TheStreet upgraded shares of Silver Wheaton Corp from a “c+” rating to a “b-” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $27.40.
About Silver Wheaton Corp
Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.
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