National Bank Financial Estimates Ero Copper Q1 Earnings

Ero Copper Corp. (NYSE:ERO) – Research analysts at National Bank Financial issued their Q1 2025 EPS estimates for shares of Ero Copper in a report issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle forecasts that the company will post earnings of $0.25 per share for the quarter. 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 $2.10 EPS.

Ero Copper (NYSE:ERO) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. The company had revenue of $122.50 million during the quarter, compared to analysts’ expectations of $183.26 million.

A number of other research firms have also weighed in on ERO. TD Securities raised Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. TD Cowen upgraded Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. Raymond James reaffirmed an “outperform” rating on shares of Ero Copper in a research note on Friday, April 4th. BMO Capital Markets started coverage on Ero Copper in a research note on Wednesday. They issued an “outperform” rating on the stock. Finally, Desjardins started coverage on Ero Copper in a research report on Friday, April 4th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $26.33.

Ero Copper Price Performance

Ero Copper stock opened at $10.93 on Friday. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 64.26 and a beta of 1.10. Ero Copper has a 52-week low of $9.30 and a 52-week high of $24.34. The company has a fifty day simple moving average of $12.28 and a 200-day simple moving average of $14.69. The company has a quick ratio of 0.45, a current ratio of 0.68 and a debt-to-equity ratio of 0.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Ero Copper during the 4th quarter worth approximately $991,000. Jennison Associates LLC grew its stake in shares of Ero Copper by 3.5% during the 4th quarter. Jennison Associates LLC now owns 5,909,627 shares of the company’s stock worth $79,645,000 after purchasing an additional 198,800 shares during the period. Canoe Financial LP acquired a new stake in shares of Ero Copper in the fourth quarter valued at about $456,000. Montrusco Bolton Investments Inc. grew its position in Ero Copper by 3.9% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 775,356 shares of the company’s stock worth $10,448,000 after buying an additional 28,999 shares during the period. Finally, Sprott Inc. increased its stake in Ero Copper by 42.2% in the 4th quarter. Sprott Inc. now owns 455,289 shares of the company’s stock valued at $6,137,000 after purchasing an additional 135,049 shares in the last quarter. 71.30% of the stock is currently owned by institutional investors and hedge funds.

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.