Wheaton Precious Metals to Report Q1 Earnings: Here's What to Expect

Zacks previews Wheaton Precious Metals’ (primary instrument: XAUUSD) Q1 2026 results due May 7, forecasting a strong beat driven by higher gold and silver prices and ramping production. The Zacks Consensus expects $767M in sales (up 63.1% y/y) and $1.15 EPS (up 109.1%), with the Zacks model and a +7.44% Earnings ESP pointing to an earnings beat. Management’s 2026 attributable production guidance (860k–940k GEOs; mid-point ≈ +30% y/y) and project ramp-ups (Antamina, Blackwater, Goose, Mineral Park, Platreef) support near-term growth. Higher realized gold (~$4,077/oz) and silver (~$42.15/oz) prices are central to revenue gains. The preview is bullish for WPM-linked commodities exposure and could reinforce recent strong share performance versus the US SP 500.