Q2 Earnings Estimate for Ero Copper Issued By Desjardins

Ero Copper Corp. (NYSE:ERO - Free Report) - Equities researchers at Desjardins issued their Q2 2025 earnings estimates for Ero Copper in a report issued on Thursday, July 17th. Desjardins analyst B. Adams forecasts that the company will earn $0.32 per share for the quarter. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share.

Ero Copper (NYSE:ERO - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.17 by $0.18. The firm had revenue of $125.10 million during the quarter, compared to analyst estimates of $179.45 million. Ero Copper had a net margin of 3.87% and a return on equity of 14.24%.

Several other research firms have also commented on ERO. TD Securities reissued a "buy" rating on shares of Ero Copper in a research note on Wednesday, May 7th. National Bankshares downgraded shares of Ero Copper from an "outperform" rating to a "sector perform" rating in a research report on Tuesday, July 8th. Stifel Canada upgraded shares of Ero Copper to a "strong-buy" rating in a research note on Tuesday, July 8th. Stifel Nicolaus began coverage on shares of Ero Copper in a research report on Wednesday, July 9th. They set a "buy" rating for the company. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Ero Copper in a report on Friday, July 4th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Ero Copper presently has an average rating of "Moderate Buy" and a consensus price target of $23.50.

Ero Copper Stock Up 1.4%

Shares of NYSE:ERO opened at $14.47 on Friday. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 85.50 and a beta of 1.18. The firm has a fifty day moving average price of $15.08 and a two-hundred day moving average price of $13.59. Ero Copper has a one year low of $9.30 and a one year high of $23.40. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.05 and a quick ratio of 0.80.

Institutional Investors Weigh In On Ero Copper

Several institutional investors have recently made changes to their positions in ERO. GMT Capital Corp lifted its holdings in Ero Copper by 22.9% in the 1st quarter. GMT Capital Corp now owns 6,931,025 shares of the company's stock valued at $83,938,000 after purchasing an additional 1,292,100 shares in the last quarter. Invesco Ltd. lifted its holdings in Ero Copper by 22.6% in the 4th quarter. Invesco Ltd. now owns 3,890,977 shares of the company's stock valued at $52,450,000 after purchasing an additional 715,999 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ero Copper by 2.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,607,517 shares of the company's stock valued at $43,689,000 after acquiring an additional 80,359 shares during the last quarter. 683 Capital Management LLC increased its stake in shares of Ero Copper by 20.4% during the 4th quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company's stock valued at $33,272,000 after acquiring an additional 418,367 shares during the last quarter. Finally, Boston Partners increased its stake in shares of Ero Copper by 66.9% during the 4th quarter. Boston Partners now owns 1,101,265 shares of the company's stock valued at $14,850,000 after acquiring an additional 441,413 shares during the last quarter. 71.30% of the stock is currently 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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