What is Stifel Canada's Forecast for Ero Copper Q2 Earnings?

Ero Copper Corp. (NYSE:ERO - Free Report) - Stifel Canada lowered their Q2 2025 earnings estimates for Ero Copper in a report issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now forecasts that the company will earn $0.32 per share for the quarter, down from their previous estimate of $0.38. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. Stifel Canada also issued estimates for Ero Copper's Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.02 EPS, FY2026 earnings at $2.77 EPS and FY2027 earnings at $2.30 EPS.

A number of other analysts have also recently weighed in on the stock. TD Securities reissued a "buy" rating on shares of Ero Copper in a report on Wednesday, May 7th. Scotiabank reissued an "outperform" rating on shares of Ero Copper in a report on Tuesday, July 8th. National Bank Financial cut shares of Ero Copper from an "outperform" rating to a "sector perform" rating in a report on Wednesday, July 9th. Stifel Nicolaus started coverage on shares of Ero Copper in a report on Wednesday, July 9th. They set a "buy" rating on the stock. Finally, Raymond James Financial raised shares of Ero Copper to a "moderate buy" rating in a report on Monday, June 30th. Three investment 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, the company currently has a consensus rating of "Moderate Buy" and an average price target of $23.50.

Ero Copper Stock Down 2.8%

NYSE:ERO traded down $0.41 during mid-day trading on Thursday, hitting $14.14. The stock had a trading volume of 1,141,604 shares, compared to its average volume of 826,212. The stock has a 50-day simple moving average of $15.20 and a two-hundred day simple moving average of $13.61. The company has a market capitalization of $1.47 billion, a PE ratio of 83.20 and a beta of 1.18. 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.

Ero Copper (NYSE:ERO - Get Free Report) last issued its quarterly 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 business 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%.

Hedge Funds Weigh In On Ero Copper

A number of hedge funds have recently modified their holdings of ERO. Acuitas Investments LLC purchased a new position in Ero Copper in the 1st quarter valued at $39,000. State of Wyoming purchased a new position in Ero Copper in the 4th quarter valued at $76,000. Northwest & Ethical Investments L.P. grew its position in Ero Copper by 22.6% in the 1st quarter. Northwest & Ethical Investments L.P. now owns 8,033 shares of the company's stock valued at $97,000 after buying an additional 1,483 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in Ero Copper by 128.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company's stock valued at $143,000 after buying an additional 6,000 shares during the last quarter. Finally, Deutsche Bank AG grew its position in Ero Copper by 59.5% in the 4th quarter. Deutsche Bank AG now owns 10,700 shares of the company's stock valued at $144,000 after buying an additional 3,990 shares during the last quarter. 71.30% of the stock is currently owned by hedge funds and other institutional investors.

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.