Ero Copper (ERO) Expected to Announce Earnings on Thursday

Ero Copper (NYSE:ERO - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect Ero Copper to post earnings of $0.44 per share and revenue of $263.23 million for the quarter.

Ero Copper (NYSE:ERO - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.18. Ero Copper had a net margin of 3.87% and a return on equity of 14.24%. The business had revenue of $125.10 million during the quarter, compared to the consensus estimate of $179.45 million. On average, analysts expect Ero Copper to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ero Copper Stock Performance

NYSE ERO traded down $0.41 during mid-day trading on Friday, reaching $14.14. 1,141,604 shares of the stock were exchanged, compared to its average volume of 559,427. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.80 and a current ratio of 1.05. The company has a market capitalization of $1.47 billion, a P/E ratio of 83.20 and a beta of 1.18. Ero Copper has a 1 year low of $9.30 and a 1 year high of $23.40. The business's 50 day moving average is $15.18 and its 200-day moving average is $13.62.

Analyst Ratings Changes

ERO has been the topic of several recent research reports. BMO Capital Markets reissued an "outperform" rating on shares of Ero Copper in a research note on Friday, July 4th. Wall Street Zen cut shares of Ero Copper from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. Scotiabank reaffirmed an "outperform" rating on shares of Ero Copper in a research note on Tuesday, July 8th. Stifel Nicolaus assumed coverage on Ero Copper in a research report on Wednesday, July 9th. They issued a "buy" rating for the company. Finally, National Bankshares lowered Ero Copper from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, July 8th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Ero Copper currently has an average rating of "Moderate Buy" and an average target price of $23.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ERO. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Ero Copper during the first quarter worth $217,000. Empowered Funds LLC acquired a new stake in shares of Ero Copper in the first quarter valued at approximately $356,000. Royal Bank of Canada grew its position in shares of Ero Copper by 2.3% in the first quarter. Royal Bank of Canada now owns 188,384 shares of the company's stock valued at $2,283,000 after purchasing an additional 4,325 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Ero Copper by 82.0% during the first quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company's stock worth $3,340,000 after acquiring an additional 124,179 shares during the last quarter. 71.30% of the stock is owned by hedge funds and other institutional investors.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.