Ventum Cap Mkts Has Weak Outlook for Ero Copper Q3 Earnings

Key Points

• Ventum Capital Markets has revised down its Q3 2025 EPS estimate for Ero Copper from $0.58 to $0.55 per share.
• Ero Copper's most recent earnings report exceeded expectations, with an EPS of $0.35 versus the consensus estimate of $0.17.
• The company has gained various ratings from analysts, with three analysts recommending a hold, nine a buy, and one a strong buy, resulting in an average "Moderate Buy" rating.

Ero Copper Corp. (NYSE:ERO - Free Report) - Investment analysts at Ventum Cap Mkts dropped their Q3 2025 earnings per share (EPS) estimates for shares of Ero Copper in a report issued on Thursday, July 24th. Ventum Cap Mkts analyst C. Mackay now expects that the company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.58. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. Ventum Cap Mkts also issued estimates for Ero Copper's Q4 2025 earnings at $0.62 EPS.

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

ERO has been the topic of a number of other reports. Scotiabank reaffirmed an "outperform" rating on shares of Ero Copper in a research note on Tuesday, July 8th. Stifel Nicolaus started coverage on Ero Copper in a report on Wednesday, July 9th. They set a "buy" rating for the company. Raymond James Financial raised Ero Copper to a "moderate buy" rating in a report on Monday, June 30th. National Bankshares lowered Ero Copper from an "outperform" rating to a "sector perform" rating in a report on Tuesday, July 8th. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Ero Copper in a report on Friday, July 4th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ero Copper presently has an average rating of "Moderate Buy" and a consensus target price of $23.50.

Ero Copper Stock Up 3.9%

ERO stock traded up $0.51 during trading on Monday, reaching $13.49. 322,260 shares of the stock were exchanged, compared to its average volume of 560,682. The firm's 50 day moving average is $15.20 and its 200 day moving average is $13.60. Ero Copper has a twelve month low of $9.30 and a twelve month high of $23.40. The company has a current ratio of 1.05, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83. The firm has a market cap of $1.40 billion, a P/E ratio of 79.35 and a beta of 1.18.

Institutional Investors Weigh In On Ero Copper

Several institutional investors have recently made changes to their positions in ERO. Raymond James Financial Inc. purchased a new stake in shares of Ero Copper during the fourth quarter worth $991,000. Quantbot Technologies LP purchased a new stake in shares of Ero Copper during the fourth quarter worth $162,000. American Century Companies Inc. lifted its position in shares of Ero Copper by 0.5% during the fourth quarter. American Century Companies Inc. now owns 599,645 shares of the company's stock worth $8,085,000 after acquiring an additional 3,241 shares in the last quarter. LPL Financial LLC lifted its position in shares of Ero Copper by 66.7% during the fourth quarter. LPL Financial LLC now owns 50,897 shares of the company's stock worth $686,000 after acquiring an additional 20,371 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Ero Copper by 38.3% in the fourth quarter. Franklin Resources Inc. now owns 308,073 shares of the company's stock worth $4,148,000 after buying an additional 85,273 shares in the last quarter. Hedge funds and other institutional investors own 71.30% of the company's stock.

About Ero Copper

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.