National Bank Financial Comments on Ero Copper Q2 Earnings

Ero Copper Corp. (NYSE:ERO - Free Report) - Equities research analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for Ero Copper in a report issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle forecasts that the company will post earnings per share of $0.33 for the quarter. National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. National Bank Financial also issued estimates for Ero Copper's FY2025 earnings at $1.97 EPS and FY2027 earnings at $3.45 EPS.

Ero Copper (NYSE:ERO - Get Free Report) last released 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. Ero Copper had a return on equity of 14.24% and a net margin of 3.87%. The company had revenue of $125.10 million for the quarter, compared to analysts' expectations of $179.45 million.

Several other equities research analysts have also recently commented on ERO. Scotiabank reaffirmed an "outperform" rating on shares of Ero Copper in a research report on Tuesday. Desjardins assumed coverage on Ero Copper in a research report on Friday, April 4th. They set a "hold" rating on the stock. Stifel Nicolaus assumed coverage on Ero Copper in a research report on Wednesday. They set a "buy" rating on the stock. BMO Capital Markets reaffirmed an "outperform" rating on shares of Ero Copper in a research report on Friday, July 4th. Finally, Raymond James Financial raised Ero Copper to a "moderate buy" rating in a research report on Monday, June 30th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Ero Copper currently has a consensus rating of "Buy" and a consensus target price of $26.33.

Ero Copper Stock Performance

Shares of Ero Copper stock traded up $0.34 during trading on Friday, hitting $15.10. 1,807,626 shares of the company's stock traded hands, compared to its average volume of 443,450. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.05 and a quick ratio of 0.80. Ero Copper has a 1 year low of $9.30 and a 1 year high of $23.40. The stock has a market capitalization of $1.56 billion, a P/E ratio of 88.83 and a beta of 1.18. The business has a 50-day simple moving average of $14.94 and a 200-day simple moving average of $13.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ERO. GMT Capital Corp raised its stake 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 worth $83,938,000 after buying an additional 1,292,100 shares during the period. Invesco Ltd. raised its stake 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 worth $52,450,000 after buying an additional 715,999 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $43,689,000 after buying an additional 80,359 shares during the period. 683 Capital Management LLC raised its stake 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 worth $33,272,000 after buying an additional 418,367 shares during the period. Finally, Boston Partners raised its stake in shares of Ero Copper by 66.9% in the fourth quarter. Boston Partners now owns 1,101,265 shares of the company's stock worth $14,850,000 after buying an additional 441,413 shares during the period. 71.30% of the stock is owned by hedge funds and other 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.