Q2 Earnings Estimate for Ero Copper Issued By Stifel Canada

Ero Copper Corp. (NYSE:ERO - Free Report) - Analysts at Stifel Canada dropped their Q2 2025 earnings per share (EPS) estimates for shares of Ero Copper in a research note issued to investors on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now expects that the company will earn $0.32 per share for the quarter, down from their previous forecast of $0.38. Stifel Canada 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.

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 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 business had revenue of $125.10 million during the quarter, compared to the consensus estimate of $179.45 million.

Other research analysts also recently issued reports about the company. National Bank Financial downgraded Ero Copper from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, July 9th. Scotiabank reiterated an "outperform" rating on shares of Ero Copper in a research report on Tuesday, July 8th. TD Securities reiterated a "buy" rating on shares of Ero Copper in a research report on Wednesday, May 7th. Raymond James Financial upgraded Ero Copper to a "moderate buy" rating in a research report on Monday, June 30th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Ero Copper in a research report on Friday, July 4th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the 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 Price Performance

ERO stock traded down $0.41 during midday trading on Thursday, hitting $14.14. The company's stock had a trading volume of 1,141,604 shares, compared to its average volume of 826,212. Ero Copper has a 12 month low of $9.30 and a 12 month high of $23.40. The company has a quick ratio of 0.80, a current ratio of 1.05 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 15.00 and a beta of 1.18. The company has a 50 day moving average of $15.18 and a two-hundred day moving average of $13.62.

Institutional Trading of Ero Copper

Institutional investors have recently bought and sold shares of the stock. GMT Capital Corp lifted its position in shares of Ero Copper by 22.9% during the first quarter. GMT Capital Corp now owns 6,931,025 shares of the company's stock worth $83,938,000 after purchasing an additional 1,292,100 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Ero Copper in the first quarter valued at about $8,994,000. 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 acquiring an additional 715,999 shares in the last quarter. TD Asset Management Inc grew its stake in Ero Copper by 234.1% in the first quarter. TD Asset Management Inc now owns 935,090 shares of the company's stock valued at $11,324,000 after purchasing an additional 655,232 shares during the last quarter. Finally, Bridgewater Associates LP grew its stake in Ero Copper by 400.2% in the fourth quarter. Bridgewater Associates LP now owns 818,269 shares of the company's stock valued at $11,026,000 after purchasing an additional 654,684 shares during the last quarter. 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.