Investing.com - Wheaton Precious Metals (NYSE:WPM) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Wheaton Precious Metals announced earnings per share of $0.358 on revenue of $324.12M. Analysts polled by Investing.com anticipated EPS of $0.3645 on revenue of $320.02M.
Wheaton Precious Metals shares are up 4.26% from the beginning of the year, still down 24.81% from its 52 week high of $57.88 set on August 5, 2020. They are outperforming the EUR/USD which is down 0% from the start of the year.
Wheaton Precious Metals follows other major Basic Materials sector earnings this month
Wheaton Precious Metals's report follows an earnings beat by Vale ADR on April 27, who reported EPS of $1.09 on revenue of $12.65B, compared to forecasts EPS of $1.04 on revenue of $12.93B.
Sherwin-Williams had beat expectations on April 27 with first quarter EPS of $2.06 on revenue of $4.66B, compared to forecast for EPS of $1.64 on revenue of $4.52B.
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