Research Analysts Set Expectations for Ero Copper Corp.’s FY2025 Earnings (TSE:ERO)

Ero Copper Corp. (TSE:ERO) – National Bank Financial raised their FY2025 earnings per share estimates for shares of Ero Copper in a research note issued to investors on Thursday, April 18th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $4.17 per share for the year, up from their previous forecast of $4.12. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share.

Ero Copper (TSE:ERO) last released its quarterly earnings data on Thursday, March 7th. The company reported C$0.29 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.02). The company had revenue of C$158.50 million for the quarter, compared to the consensus estimate of C$143.80 million. Ero Copper had a return on equity of 13.96% and a net margin of 21.71%.

Other equities analysts have also recently issued reports about the stock. TD Securities upped their price objective on shares of Ero Copper from C$24.00 to C$25.00 and gave the stock a “hold” rating in a research report on Friday, March 8th. Cormark increased their price target on Ero Copper from C$23.50 to C$26.50 in a research note on Monday, March 11th. BMO Capital Markets raised their price objective on Ero Copper from C$23.00 to C$23.50 and gave the company a “market perform” rating in a report on Friday, March 8th. CIBC upped their target price on Ero Copper from C$24.00 to C$28.50 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. Finally, Raymond James lifted their price target on Ero Copper from C$25.00 to C$26.00 in a research note on Wednesday, March 20th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Ero Copper has a consensus rating of “Hold” and an average target price of C$25.96.

Ero Copper Price Performance

Shares of TSE:ERO opened at C$27.71 on Monday. The firm has a 50 day moving average of C$24.82 and a 200-day moving average of C$21.47. Ero Copper has a 12 month low of C$15.72 and a 12 month high of C$32.12. The company has a current ratio of 1.15, a quick ratio of 1.43 and a debt-to-equity ratio of 55.09. The stock has a market capitalization of C$2.85 billion, a PE ratio of 20.83, a PEG ratio of -0.72 and a beta of 2.14.

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.