11:40 AM EST - Silver Wheaton Corp. : announced that its first-quarter net earnings were $15.11 million U.S. or $0.06 U.S. per share, compared to $27.93 million U.S. or $0.11 U.S. per share in the year-ago quarter. Operating cash flows for the quarter were $23.1 million U.S. or $0.09 U.S. per share, compared to $33.1 million U.S. or $0.15 U.S. per share in 2008. Silver sales for the quarter were $37.57 million U.S., compared to $48.95 million U.S. in the prior-year quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.06 U.S. per share on revenues of $42.12 million U.S. for the quarter. Analysts' estimates typically exclude special items. Silver Wheaton Corp.
shares T.SLW are trading down $0.23 at $10.03.
