For the second quarter Silver Wheaton reported earnings of 18 cents a share, missing the Capital IQ Consensus Estimate of 20 cents a share by 2 cents. Revenue fell -11% year-over-year to $148.6 million for the quarter, missing analysts’ estimates of $169.5 million.
Silver equivalent production was 8.4 million ounces for the second quarter, down 4% from the year-ago quarter. Silver Wheaton said silver equivalent realized price fell to $19.83 an ounce in the quarter, down from $23.05 an ounce in the second quarter of 2013.
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- You can view the full analysis from the report here: SLW Ratings Report