Wheaton Precious Metals stock faces forecast reset before Q3 results - ad-hoc-news.de

AI desk brief

Edison cut Wheaton Precious Metals’ FY2026 EPS forecast by 5.3% and raised FY2027 by 13.7% ahead of third-quarter results due November 5, 2026. It estimates Salobo attributable gold production at 79,926 ounces, but expects deliveries to lag production by up to three months; quarterly gold and silver sales could trail production by 26.4% and 20.4%. Edison forecasts FY2026 production of 899,000 gold-equivalent ounces versus sales of 816,000 ounces. Salobo’s approved expansion is expected to add about 15,000 gold ounces annually from first-half 2028. These forecasts primarily affect Wheaton’s earnings outlook; no material near-term bullion effect is established.