Silver Wheaton's Q4 2016 Earnings Preview: Higher Precious Metal Prices To Boost Earnings


Shutterstock photo

Silver Wheaton will release its Q4 2016 earnings results on March 21 and conduct a conference call with analysts the next day. We expect the company to report a significant year-over-year improvement in its earnings, driven by an environment of elevated precious metal prices in Q4 2016.

Gold and silver prices rose sharply in the third quarter of last year, in the wake of the UK's June 23 EU referendum. The uncertainty caused by the surprise outcome of the referendum translated into a surge in the safe-haven investment demand for gold and silver, resulting in a sharp increase in the prices of these metals. Though precious metal prices dipped in the fourth quarter of 2016 in the weeks leading up to the Fed's December rate hike, they were higher on average than in the comparable period of 2015. Higher precious metal prices will translate into higher Q4 earnings for Silver Wheaton.

SLW Q4 2016 Earnings Preview

Have more questions about Silver Wheaton? See the links below.

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Silver Wheaton

See More at Trefis | View Interactive Institutional Research (Powered by Trefis)

Get Trefis Technology

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks , US Markets , Investing Ideas
Referenced Symbols: SLW , NEM , FCX , ABX


More from Trefis

Subscribe






Trefis
Contributor:

Trefis

Stocks
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com