Q3 EPS Estimates for Ero Copper Cut by Ventum Cap Mkts

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) - Equities researchers at Ventum Cap Mkts cut their Q3 2025 EPS estimates for shares of Ero Copper in a research note issued to investors on Thursday, July 24th. Ventum Cap Mkts analyst C. Mackay now forecasts 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 released its earnings results on Monday, May 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.18. Ero Copper had a net margin of 3.87% and a return on equity of 14.24%. The company had revenue of $125.10 million for the quarter, compared to the consensus estimate of $179.45 million.

A number of other research analysts also recently issued reports on ERO. Desjardins began coverage on shares of Ero Copper in a research report on Friday, April 4th. They set a "hold" rating on the stock. Stifel Canada upgraded shares of Ero Copper to a "strong-buy" rating in a report on Tuesday, July 8th. Wall Street Zen downgraded shares of Ero Copper from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Scotiabank restated an "outperform" rating on shares of Ero Copper in a report on Tuesday, July 8th. Finally, Raymond James Financial upgraded shares of Ero Copper to a "moderate buy" rating in a report on Monday, June 30th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $23.50.

Ero Copper Stock Down 2.8%

Ero Copper stock opened at $14.14 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.05 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's fifty day moving average is $15.20 and its 200 day moving average is $13.61. The company has a market capitalization of $1.47 billion, a PE ratio of 83.20 and a beta of 1.18.

Institutional Trading of Ero Copper

Several institutional investors and hedge funds have recently made changes to their positions in the company. GMT Capital Corp raised its holdings in shares of Ero Copper by 22.9% in the first 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 during the last quarter. Invesco Ltd. raised its holdings in shares of Ero Copper by 22.6% in the fourth 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Ero Copper by 2.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,607,517 shares of the company's stock valued at $43,689,000 after purchasing an additional 80,359 shares during the last quarter. 683 Capital Management LLC raised its holdings in shares of Ero Copper by 20.4% in the fourth quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company's stock valued at $33,272,000 after purchasing an additional 418,367 shares during the last quarter. Finally, Frontier Capital Management Co. LLC raised its holdings in shares of Ero Copper by 14.8% in the fourth quarter. Frontier Capital Management Co. LLC now owns 956,880 shares of the company's stock valued at $12,899,000 after purchasing an additional 123,289 shares during 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.

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