Ero Copper (ERO) to Release Earnings on Thursday

Ero Copper (NYSE:ERO - Get Free Report) is expected to be releasing its Q2 2025 earnings data 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 released its quarterly earnings data on Monday, May 5th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.18. Ero Copper had a net margin of 3.87% and a return on equity of 14.24%. The firm had revenue of $125.10 million for the quarter, compared to analyst estimates 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 Down 2.8%

Shares of ERO traded down $0.41 during mid-day trading on Friday, hitting $14.14. 1,141,604 shares of the company's stock were exchanged, compared to its average volume of 826,212. The firm has a fifty day moving average of $15.20 and a two-hundred day moving average of $13.61. Ero Copper has a twelve month low of $9.30 and a twelve month high of $23.40. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 83.20 and a beta of 1.18. The company has a quick ratio of 0.80, a current ratio of 1.05 and a debt-to-equity ratio of 0.83.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. TD Securities restated a "buy" rating on shares of Ero Copper in a research note on Wednesday, May 7th. Scotiabank restated an "outperform" rating on shares of Ero Copper in a research note on Tuesday, July 8th. Stifel Canada upgraded shares of Ero Copper to a "strong-buy" rating in a research note on Tuesday, July 8th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Ero Copper in a report on Friday, July 4th. Finally, National Bank Financial downgraded shares of Ero Copper from an "outperform" rating to a "sector perform" rating in a report on Wednesday, July 9th. Three equities 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. According to data from MarketBeat.com, Ero Copper currently has an average rating of "Moderate Buy" and a consensus target price of $23.50.

Institutional Trading of Ero Copper

Hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd bought a new stake in Ero Copper in the 1st quarter valued at $217,000. Empowered Funds LLC bought a new stake in Ero Copper in the 1st quarter valued at $356,000. Royal Bank of Canada boosted its holdings in Ero Copper by 2.3% in the 1st 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 period. Finally, Goldman Sachs Group Inc. boosted its holdings in Ero Copper by 82.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company's stock valued at $3,340,000 after purchasing an additional 124,179 shares during the period. 71.30% of the stock is owned by 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.