Q4 2018 Earnings Estimate for Wheaton Precious Metals Co. Issued By Desjardins (WPM)

Wheaton Precious Metals Co. (TSE:WPM) – Investment analysts at Desjardins decreased their Q4 2018 earnings per share estimates for Wheaton Precious Metals in a research report issued on Monday, April 16th. Desjardins analyst J. Wolfson now expects that the company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.21. Desjardins also issued estimates for Wheaton Precious Metals’ Q4 2019 earnings at $0.25 EPS.

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Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings data on Wednesday, March 21st. The company reported C$0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.19 by C$0.05. Wheaton Precious Metals had a return on equity of 5.29% and a net margin of 32.79%. The firm had revenue of C$308.05 million for the quarter, compared to analysts’ expectations of C$266.99 million.

Several other equities analysts have also recently issued reports on the company. Canaccord Genuity raised their price objective on Wheaton Precious Metals from C$38.00 to C$39.50 in a research note on Sunday, January 21st. National Bank Financial raised their price objective on Wheaton Precious Metals from C$33.00 to C$35.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 10th. Six equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of C$32.30.

Shares of WPM opened at C$26.80 on Tuesday. Wheaton Precious Metals has a 12-month low of C$23.18 and a 12-month high of C$29.90.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Friday, April 20th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.34%. The ex-dividend date is Thursday, April 5th.

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About Wheaton Precious Metals

Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.

Earnings History and Estimates for Wheaton Precious Metals (TSE:WPM)

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