Wheaton Precious Metals narrowly beat the supplied quarterly EPS estimate. But the beat came as next-quarter expectations fell sharply, and a separate report said revenue missed its estimate.
Wheaton Precious Metals Corp. (TSX: WPM) reported fiscal third-quarter 2026 earnings after markets closed on Nov. 5. The supplied calendar data lists EPS of C$0.901 against an estimate of C$0.89, a 1.24% beat. The earnings history shows four straight quarterly beats, though this was the smallest of the past three. A separate news report cites different consensus figures and says revenue missed its estimate. The available information doesn’t explain the difference between the sources.
Recent earnings trend
Wheaton Precious Metals Corp
WPM.TO
WPM.TO
Wheaton Precious Metals Corp
WealthAwesomeMarket cap
$83.44B
P/E
29.5x
Div. yield
0.44%
Div. / share
$0.72
52W high
$226.61
52W low
$138.29
1W change
+3.79%
Beta
1.28
Analyst Price Targets
Based on analyst covering WPM · as of Nov 6, 2026
Wall Street analysts forecast WPM stock price to rise 26.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$234.29
+26.0% Upside
Previously C$233.91 on Nov 5, 2026
Current Price
C$185.96
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WPM's historical volatility
30-Day Vol
53.3%
Annualized
90-Day Vol
51.5%
Annualized
Trend (90d)
-1.7%
Annualized drift
90d Mean
C$184.81
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$185.57 | C$154.40 – C$223.05 |
| 60 trading days | C$185.19 | C$142.77 – C$240.21 |
| 90 trading days | C$184.81 | C$134.39 – C$254.14 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | 0.9010 | 0.8900 | +1.2% |
| 2026-06-30 | 2026-08-06 | 1.1900 | 1.1600 | +2.6% |
| 2026-03-31 | 2026-05-07 | 1.2800 | 1.2200 | +4.9% |
| 2025-12-31 | 2026-03-12 | 1.2300 | 1.1200 | +9.8% |
| 2025-09-30 | 2025-11-06 | 0.6200 | 0.5800 | +6.9% |
| 2025-06-30 | 2025-08-06 | 0.6300 | 0.5900 | +6.8% |
Investor takeaway: The EPS beat was modest, and the conflicting revenue figures make it hard to judge the quarter from the headline alone. The supplied trends data shows next-quarter EPS consensus falling from C$1.42 to C$1.23 over 30 days, with seven downward revisions and none upward. Wheaton also declared a quarterly dividend of US$0.195, up 18% from the fourth quarter of 2025. For Canadian investors, the key questions are whether earnings expectations stabilize and how commodity prices and partner-mine output affect future results. Review the WPM.TO stock page alongside the figures below. This is information, not a recommendation.
C$0.901 EPS, 1.24% above the supplied estimate
The supplied calendar data shows actual EPS of C$0.901 versus an estimate of C$0.89 for the quarter ended Sept. 30, 2026. That’s a smaller beat than the previous quarter’s 2.59% and the two quarters before it. A separate published report gives different EPS and consensus figures, so the estimate source matters.
Bull case
Wheaton beat the supplied EPS estimate in each of the past four comparable quarters. Its reported profit margin is 64.66%, and the company raised its quarterly dividend 18% year over year to US$0.195 per share. Analyst price targets in the supplied data are also above the last close, though targets are estimates, not guarantees.
Bear case
The latest EPS beat was just 1.24%. A separate news report says revenue of US$771.73 million came in below its cited consensus. Next-quarter EPS expectations also fell over the past month. The share price was down 5.51% over one month, and the supplied statistical forecast has a wide range of uncertainty. Precious-metals prices and partner-mine performance can also have a significant effect on results.
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