Wheaton Precious Metals Sees Q4 Sales at $649M, EPS Up 111%
Wheaton Precious Metals is set to report Q4 2025 results on March 12 with consensus sales at $649 million, a 70.5% increase year-over-year, and EPS estimated at $0.93, up 111.4%. Production of 692,000 gold equivalent ounces in 2025 exceeded guidance, supporting expectations of revenue gains.
1. Q4 Earnings Outlook
Wheaton Precious Metals will report fourth-quarter 2025 results on March 12 after market close. Consensus sales estimate is $649 million, up 70.5% year-over-year, while EPS forecasts stand at $0.93, a 111.4% increase, with earnings estimates up 4.5% over the past 60 days.
2. Production Performance
In 2025, total production reached 692,000 gold equivalent ounces—above the 600,000–670,000 ounce guidance—driven by higher grades at Salobo, Peñasquito and Constancia. Gold output of 416,286 ounces rose 9.7% year-over-year, and silver production hit 22 million ounces, bolstering revenue prospects.
3. Valuation and Price Performance
Shares have climbed 112.3% over the past year, outpacing the basic materials sector’s 47.5% gain. The stock trades at a forward 12-month P/E of 35.24x, well above the industry average of 14.28x and higher than peer SSR Mining’s 8.01x and Hudbay’s 13.39x.
4. Growth Outlook
Longer-term, the company projects production growth to 1.2 million gold equivalent ounces by 2030, driven by expansions at Antamina, Aljustrel, Marmato and new streams at Blackwater, Mineral Park, Goose and other development projects.