Silver Wheaton (NYSE: SLW ) is expected to report Q3 earnings on Nov. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Silver Wheaton's revenues will grow 4.2% and EPS will increase 5.3%.
The average estimate for revenue is $193.0 million. On the bottom line, the average EPS estimate is $0.40.
Last quarter, Silver Wheaton chalked up revenue of $201.4 million. GAAP reported sales were 3.4% higher than the prior-year quarter's $194.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.40. GAAP EPS of $0.40 for Q2 were 4.8% lower than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 86.0%, 320 basis points worse than the prior-year quarter. Operating margin was 71.8%, 670 basis points worse than the prior-year quarter. Net margin was 70.2%, 580 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $818.4 million. The average EPS estimate is $1.70.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,610 members out of 2,721 rating the stock outperform, and 111 members rating it underperform. Among 602 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 578 give Silver Wheaton a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silver Wheaton is outperform, with an average price target of $43.95.
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