Ero Copper (NYSE:ERO - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect Ero Copper to post earnings of $0.16 per share and revenue of $179.45 million for the quarter.
Ero Copper (NYSE:ERO - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.04). The business had revenue of $122.50 million for the quarter, compared to the consensus estimate of $183.26 million. Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. 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 Price Performance
ERO traded up $0.23 on Friday, reaching $12.78. The company had a trading volume of 327,878 shares, compared to its average volume of 397,952. The business has a 50 day simple moving average of $11.97 and a 200 day simple moving average of $13.96. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 75.18 and a beta of 1.10. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. Ero Copper has a 52-week low of $9.30 and a 52-week high of $24.34.
Wall Street Analysts Forecast Growth
ERO has been the topic of several research reports. TD Securities upgraded shares of Ero Copper from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. Desjardins started coverage on Ero Copper in a research note on Friday, April 4th. They set a "hold" rating for the company. BMO Capital Markets initiated coverage on Ero Copper in a research report on Wednesday, April 16th. They set an "outperform" rating on the stock. TD Cowen upgraded Ero Copper from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. Finally, Raymond James reiterated an "outperform" rating on shares of Ero Copper in a research report on Friday, April 4th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ero Copper has a consensus rating of "Buy" and a consensus target price of $26.33.
Read Our Latest Research Report on Ero Copper
About Ero Copper
(
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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.
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