Wheaton Precious Metals Q3 Earnings: Strong Cash Flow, Revenue Miss
Every now and then, it feels like the market gets the response wrong to an earnings report.
For us, that might be what happened to Wheaton Precious Metals (TSX: WPM) and its Q3 results. It seems the market just doesn’t want to reward a strong report, after over exuberant analysts got the forecast wrong on topline revenue.
But then again, who knows. The company is, after all, up 40% year to date.. So investors haven’t exactly been hung out to dry, even if they didn’t get a bump from the results. Anyways, enough of that.
Lets dive in.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
