Investing.com - Wheaton Precious Metals (NYSE:WPM) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wheaton Precious Metals announced earnings per share of $0.21 on revenue of $218.83M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $260.87M.
Wheaton Precious Metals shares are down 12% from the beginning of the year, still down 40.91% from its 52 week high of $51.90 set on April 20.
Wheaton Precious Metals follows other major Materials sector earnings this month
Wheaton Precious Metals's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, compared to forecasts EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on October 25 with third quarter EPS of $2.83 on revenue of $6.05B, compared to forecast for EPS of $2.59 on revenue of $5.81B.
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