Wheaton Precious Metals (WPM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Wheaton Precious Metals Corp. (WPM) reported $901.47 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 91.6%. EPS of $1.28 for the same period compares to $0.55 a year ago.The reported revenue represents a surprise of +13.44% over the Zacks Consensus Estimate of $794.66 million. With the consensus EPS estimate being $1.15, the EPS surprise was +11.2%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Wheaton Precious Metals performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Units Produced - GEOs produced: 211.95 Oz versus the four-analyst average estimate of 198.74 Oz.Average Realized Price Per Unit - Silver: $84.5 per ounce versus $66 per ounce estimated by four analysts on average.Average Realized Price Per Unit - Gold: $4849 per ounce versus $4407.5 per ounce estimated by four analysts on average.Units Sold - Silver: 5,049.00 Oz compared to the 5,046.47 Oz average estimate based on three analysts.Sales- Silver: $426.77 million versus the eight-analyst average estimate of $276.12 million. The reported number represents a year-over-year change of +194.5%.Sales- Gold: $461.04 million versus $415.52 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +44.2% change.Sales- Cobalt: $8.75 million versus the eight-analyst average estimate of $11.82 million. The reported number represents a year-over-year change of +157%.Sales- Palladium: $4.91 million versus the eight-analyst average estimate of $3.96 million. The reported number represents a year-over-year change of +107%.Sales- Gold- Stillwater: $6.75 million compared to the $6.34 million average estimate based on seven analysts. The reported number represents a change of +20.7% year over year.Sales- Silver- Antamina: $127.01 million compared to the $76.23 million average estimate based on seven analysts. The reported number represents a change of +348.6% year over year.Sales- Silver- Constancia: $56.94 million versus $30.92 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +143.6% change.Sales- Gold- Constancia: $52.73 million versus the seven-analyst average estimate of $19.52 million. The reported number represents a year-over-year change of +87.5%.View all Key Company Metrics for Wheaton Precious Metals here>>>Shares of Wheaton Precious Metals have returned -4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks