Raymond James Financial Forecasts Ero Copper Q2 Earnings

Ero Copper Corp. (NYSE:ERO - Free Report) - Raymond James Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Ero Copper in a report issued on Monday, June 30th. Raymond James Financial analyst F. Hamed expects that the company will post earnings per share of $0.67 for the quarter. Raymond James Financial has a "Moderate Buy" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. Raymond James Financial also issued estimates for Ero Copper's Q3 2025 earnings at $0.90 EPS and Q4 2025 earnings at $0.81 EPS.

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

A number of other research analysts also recently weighed in on ERO. TD Securities reissued a "buy" rating on shares of Ero Copper in a report on Wednesday, May 7th. Wall Street Zen upgraded shares of Ero Copper from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 24th. National Bank Financial raised shares of Ero Copper from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Desjardins initiated coverage on shares of Ero Copper in a research note on Friday, April 4th. They set a "hold" rating on the stock. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Ero Copper in a research report on Friday. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Ero Copper presently has an average rating of "Buy" and a consensus target price of $26.33.

Ero Copper Stock Performance

Shares of ERO stock traded down $0.53 on Thursday, reaching $16.93. The stock had a trading volume of 972,331 shares, compared to its average volume of 420,095. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.80 and a current ratio of 1.05. Ero Copper has a 1 year low of $9.30 and a 1 year high of $23.40. The stock has a market cap of $1.75 billion, a P/E ratio of 99.59 and a beta of 1.18. The company has a 50 day simple moving average of $14.73 and a 200 day simple moving average of $13.50.

Hedge Funds Weigh In On Ero Copper

A number of hedge funds have recently modified their holdings of the company. Acuitas Investments LLC purchased a new position in shares of Ero Copper during the 1st quarter valued at $39,000. State of Wyoming bought a new stake in Ero Copper during the fourth quarter valued at about $76,000. Northwest & Ethical Investments L.P. lifted its position in shares of Ero Copper by 19.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company's stock valued at $88,000 after acquiring an additional 1,050 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Ero Copper by 128.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company's stock valued at $143,000 after acquiring an additional 6,000 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Ero Copper by 59.5% in the fourth quarter. Deutsche Bank AG now owns 10,700 shares of the company's stock worth $144,000 after acquiring an additional 3,990 shares during the period. 71.30% of the stock is currently owned by institutional investors.

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.