Wheaton Precious Metals Corp. (NYSE:WPM) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.33 per share.
Looking ahead, the full year income are expected at $ 1.14 per share on the revenues of $ 1110.70 million.
Previous Quarter Performance
Wheaton Precious Metals Corp. disclosed income for the second quarter of $ 0.22 per share, from the revenue of $ 247.95 million. The quarterly earnings 120.00 percent while revenues expanded 30.87 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.19 per share from $ 222.70 million in revenue. The bottom line results beat street analysts by $ 0.03 or 15.79 percent, at the same time, top line results outshined analysts by $ 25.25 million or 11.34 percent.
Stock Performance
On Friday, shares of Wheaton Precious Metals Corp. has traded high as $ 50.62 and has cracked $ 49.46 on the downward trend, reaching $ 50.33 with volume of 2.53 million shares.
According to the previous trading day, closing price of $ 50.33, representing a 163.72 % increase from the 52 week low of $ 18.66 and a 14.99 % decrease over the 52 week high of $ 57.89.
The company has a market capital of $ 22.53 billion and is part of the Basic Materials sector and Silver industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.10 per share on August 12, 2020. The dividend were payable on September 10, 2020 to holders of record as of the close of business on August 27, 2020 and ex-dividend date on August 26, 2020.
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells silver and gold ores. It has agreements for 19 operating mines and 9 development stage projects.
