Wheaton (WPM) Q2 Earnings Beat Estimates, Revenues Up Y/Y
WPMWheaton Precious Metals(WPM) ZACKS·2024-08-09 23:25

Wheaton Precious Metals Corp. (WPM) reported adjusted earnings per share of 33 cents in second-quarter 2024, which surpassed the Zacks Consensus Estimate of 29 cents. The bottom line improved 4.8% year over year. Wheaton generated revenues of around $299 million, which improved 12.9% on a year-over-year basis. The upside was caused by an 18% increase in average realized price, which was partially negated by a 4% decline in gold equivalent ounces (GEOs) sold. The top line beat the Zacks Consensus Estimate of ...