Silver Wheaton: Here’s What Investors Need to Know Before Earnings
Silver Wheaton (NYSE:SLW) will report earnings after markets close on Friday, May 10th. Silver Wheaton Corporation purchases and sells by-product silver from operating mines. The Company has long term contracts to purchase all or a portion of the silver production from mines in Mexico, Sweden, Peru, Greece and the United States.
Here is your Cheat Sheet to Silver Wheaton Earnings:
Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $252.46 million. Currently, the company’s P/E ratio stands at 14.88.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.48 to a profit $0.38. For the current year, the average estimate is a profit of $1.68, which is worse than the estimate ninety days ago.
Here’s how Silver Wheaton has been performing on an annual basis:
|Revenue ($) in millions||166.72||239.29||423.35||730.00||849.56|
|Diluted EPS ($)||0.07||0.38||0.44||1.55||1.65|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||191.87||199.64||201.41||161.27||287.24|
|Diluted EPS ($)||0.4068||0.41||0.40||0.34||0.4984|
Silver Wheaton has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)