Wheaton Precious Metals (WPM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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Wheaton Precious Metals (WPM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended June 2026, Wheaton Precious Metals Corp. (WPM) reported revenue of $929.2 million, up 84.7% over the same period last year. EPS came in at $1.19, compared to $0.63 in the year-ago quarter.

The reported revenue represents a surprise of +5.98% over the Zacks Consensus Estimate of $876.78 million. With the consensus EPS estimate being $1.15, the EPS surprise was +3.48%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: 202.23 Oz versus 218.06 Oz estimated by two analysts on average. Average Realized Price Per Unit - Silver: $73.4 per ounce compared to the $80.5 per ounce average estimate based on two analysts. Average Realized Price Per Unit - Gold: $4452 per ounce compared to the $4717.1 per ounce average estimate based on two analysts. Sales- Gold: $427.79 million versus $451.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30.3% change. Sales- Silver: $478.76 million versus the two-analyst average estimate of $383.04 million. The reported number represents a year-over-year change of +188.9%. Sales- Palladium: $2.96 million versus $3.56 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.3% change. Sales- Cobalt: $19.7 million compared to the $14.51 million average estimate based on two analysts. The reported number represents a change of +200.3% year over year. Sales- Gold- Sudbury: $19.89 million compared to the $27.61 million average estimate based on two analysts. The reported number represents a change of +107.3% year over year. Sales- Silver- Constancia: $33.06 million versus $25.47 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +56.4% change. Sales- Gold- Constancia: $13.31 million versus the two-analyst average estimate of $6.49 million. The reported number represents a year-over-year change of -41.2%. Sales- Gold- Stillwater: $5.68 million versus $6.36 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.6% change. Sales- Silver- Pe?asquito: $198.79 million versus $136.64 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +178.2% change.

View all Key Company Metrics for Wheaton Precious Metals here>>>

Shares of Wheaton Precious Metals have returned +14.2% over the past month versus the Zacks S&P 500 composite's +3.3% 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.

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This article originally published on Zacks Investment Research (zacks.com).

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