Canada's Wheaton Precious Metals 2025 revenue beats estimates
Overview
Canada precious metals streamer reported record 2025 revenue, beating analyst expectations
Net earnings and adjusted net earnings reached record highs
Outlook
Wheaton Precious Metals sees 2026 annual production at 860,000 to 940,000 GEOs
Company expects Antamina stream to add 70,000 GEOs in 2026, starting April 1
Production forecast to rise about 50% to 1.2 mln GEOs by 2030
Result Drivers
HIGHER GOLD PRICES - Co said a 46% increase in average realized gold equivalent price was a primary driver of record annual revenue and margins
INCREASED SALES VOLUMES - Co said a 23% increase in gold equivalent ounces sold contributed to higher revenue
Company press release: ID:nPn4576yTa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Beat | $2.3 bln | $2.17 bln (13 Analysts) |
FY EPS |
| $3.24 |
|
FY Net Income |
| $1.47 bln |
|
FY EBIT |
| $1.58 bln |
|
FY Pretax Profit |
| $1.70 bln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the gold peer group is "buy"
Wall Street's median 12-month price target for Wheaton Precious Metals Corp is C$242.00, about 19.8% above its March 11 closing price of C$202.06
The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 34 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
