FY2025 EPS Estimates for Ero Copper Raised by Analyst

Key Points

• Investment analysts at National Bank Financial have raised their FY2025 earnings estimate for Ero Copper to $2.02 per share, up from $1.95.
• The consensus current full-year earnings estimate for Ero Copper is $0.71 per share, while FY2026 earnings are projected at $2.83 EPS.
• Ero Copper operations report a net margin of 26.63% and a return on equity of 17.96%.

Ero Copper Corp. (NYSE:ERO - Free Report) - Investment analysts at National Bank Financial lifted their FY2025 earnings estimates for Ero Copper in a report issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $2.02 per share for the year, up from their previous estimate of $1.95. National Bank Financial has a "Sector Perform" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. National Bank Financial also issued estimates for Ero Copper's FY2026 earnings at $2.83 EPS.

Ero Copper (NYSE:ERO - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.13. The firm had revenue of $163.50 million for the quarter, compared to the consensus estimate of $263.23 million. Ero Copper had a net margin of 26.63% and a return on equity of 17.96%.

Other equities research analysts have also issued reports about the company. Raymond James Financial raised Ero Copper to a "moderate buy" rating in a research note on Monday, June 30th. Scotiabank restated an "outperform" rating on shares of Ero Copper in a report on Tuesday, July 8th. Stifel Nicolaus began coverage on Ero Copper in a research report on Wednesday, July 9th. They issued a "buy" rating for the company. Wall Street Zen raised shares of Ero Copper from a "hold" rating to a "buy" rating in a research note on Saturday, September 20th. Finally, Stifel Canada raised shares of Ero Copper to a "strong-buy" rating in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $19.00.

Ero Copper Trading Down 2.0%

ERO opened at $18.35 on Friday. The stock has a 50-day moving average of $14.90 and a 200 day moving average of $14.08. The company has a current ratio of 1.05, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83. Ero Copper has a 12 month low of $9.30 and a 12 month high of $23.40. The firm has a market cap of $1.90 billion, a P/E ratio of 13.39 and a beta of 1.16.

Institutional Investors Weigh In On Ero Copper

Several large investors have recently added to or reduced their stakes in the stock. GMT Capital Corp grew its stake in Ero Copper by 22.9% in the 1st quarter. GMT Capital Corp now owns 6,931,025 shares of the company's stock worth $83,938,000 after acquiring an additional 1,292,100 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Ero Copper by 119.3% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,628,030 shares of the company's stock valued at $27,515,000 after purchasing an additional 885,630 shares during the period. Bank of America Corp DE grew its stake in Ero Copper by 82.6% in the second quarter. Bank of America Corp DE now owns 1,775,632 shares of the company's stock worth $29,919,000 after purchasing an additional 803,320 shares in the last quarter. TD Asset Management Inc increased its holdings in Ero Copper by 234.1% during the 1st quarter. TD Asset Management Inc now owns 935,090 shares of the company's stock worth $11,324,000 after purchasing an additional 655,232 shares during the period. Finally, Marshall Wace LLP raised its position in Ero Copper by 2,384.8% during the 2nd quarter. Marshall Wace LLP now owns 609,621 shares of the company's stock valued at $10,272,000 after purchasing an additional 585,087 shares in 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.

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