Nexa Resources (NEXA) Expected to Announce Quarterly Earnings on Tuesday

Nexa Resources (NYSE:NEXA - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Nexa Resources to post earnings of $0.17 per share and revenue of $635.17 million for the quarter.

Nexa Resources (NYSE:NEXA - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. On average, analysts expect Nexa Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nexa Resources Stock Down 1.7 %

Shares of NEXA traded down $0.10 on Tuesday, hitting $5.90. 8,560 shares of the stock traded hands, compared to its average volume of 47,472. The company has a market capitalization of $781.39 million, a PE ratio of -3.83 and a beta of 1.09. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. The business has a 50 day simple moving average of $5.74 and a 200 day simple moving average of $6.74. Nexa Resources has a one year low of $5.04 and a one year high of $9.61.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NEXA shares. Scotiabank reduced their price target on shares of Nexa Resources from $5.00 to $4.50 and set a "sector underperform" rating for the company in a research report on Monday, April 7th. Bank of America reduced their price target on shares of Nexa Resources from $8.00 to $6.50 and set an "underperform" rating for the company in a research report on Monday, March 10th. Finally, BMO Capital Markets started coverage on shares of Nexa Resources in a research report on Wednesday, April 16th. They set a "market perform" rating and a $6.00 price target for the company.

About Nexa Resources

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.