Canada's Wheaton Precious Metals 2025 revenue beats estimates

Wheaton Precious Metals

12/03/2026 21:22

Overview

Canada precious metals streamer reported record 2025 revenue, beating analyst expectations

Net earnings and adjusted net earnings reached record highs

Outlook

Wheaton Precious Metals sees 2026 annual production at 860,000 to 940,000 GEOs

Company expects Antamina stream to add 70,000 GEOs in 2026, starting April 1

Production forecast to rise about 50% to 1.2 mln GEOs by 2030

Result Drivers

HIGHER GOLD PRICES - Co said a 46% increase in average realized gold equivalent price was a primary driver of record annual revenue and margins

INCREASED SALES VOLUMES - Co said a 23% increase in gold equivalent ounces sold contributed to higher revenue

Company press release: ID:nPn4576yTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
$2.3 bln
$2.17 bln (13 Analysts)
FY EPS
$3.24
FY Net Income
$1.47 bln
FY EBIT
$1.58 bln
FY Pretax Profit
$1.70 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for Wheaton Precious Metals Corp is C$242.00, about 19.8% above its March 11 closing price of C$202.06

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 34 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)