Q3 Earnings Estimate for Ero Copper Issued By Raymond James

Ero Copper Corp. (NYSE:ERO - Free Report) - Investment analysts at Raymond James boosted their Q3 2025 earnings estimates for shares of Ero Copper in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.90 for the quarter, up from their previous forecast of $0.89. Raymond James currently has a "Outperform" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. Raymond James also issued estimates for Ero Copper's FY2025 earnings at $2.55 EPS.

A number of other equities analysts have also recently commented on ERO. TD Cowen raised Ero Copper from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. Desjardins assumed coverage on shares of Ero Copper in a research note on Friday, April 4th. They issued a "hold" rating on the stock. TD Securities upgraded Ero Copper from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. Finally, BMO Capital Markets initiated coverage on Ero Copper in a research report on Wednesday, April 16th. They set an "outperform" rating on the stock. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $26.33.

Ero Copper Price Performance

Shares of ERO stock traded up $0.25 on Thursday, reaching $11.17. 301,302 shares of the company were exchanged, compared to its average volume of 399,780. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 65.68 and a beta of 1.10. Ero Copper has a 1 year low of $9.30 and a 1 year high of $24.34. The business has a 50-day moving average price of $12.20 and a 200 day moving average price of $14.43. 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 (NYSE:ERO - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.04). The business had revenue of $122.50 million during the quarter, compared to analysts' expectations of $183.26 million. Ero Copper had a net margin of 3.67% and a return on equity of 11.30%.

Institutional Investors Weigh In On Ero Copper

A number of institutional investors have recently modified their holdings of ERO. Raymond James Financial Inc. purchased a new stake in Ero Copper during the fourth quarter worth about $991,000. Jennison Associates LLC grew its stake in shares of Ero Copper by 3.5% in the fourth quarter. Jennison Associates LLC now owns 5,909,627 shares of the company's stock worth $79,645,000 after acquiring an additional 198,800 shares in the last quarter. Canoe Financial LP purchased a new stake in shares of Ero Copper during the fourth quarter worth $456,000. Montrusco Bolton Investments Inc. raised its stake in shares of Ero Copper by 3.9% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 775,356 shares of the company's stock valued at $10,448,000 after acquiring an additional 28,999 shares in the last quarter. Finally, Sprott Inc. grew its stake in Ero Copper by 42.2% during the 4th quarter. Sprott Inc. now owns 455,289 shares of the company's stock worth $6,137,000 after purchasing an additional 135,049 shares in the last quarter. 71.30% of the stock is owned by institutional investors and hedge funds.

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.