Nexa Resources (NEXA) to Release Earnings on Thursday

Nexa Resources (NYSE:NEXA) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect Nexa Resources to post earnings of $0.17 per share and revenue of $635.17 million for the quarter.

Nexa Resources (NYSE:NEXA) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($1.00) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($1.20). Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. The firm had revenue of $740.92 million for the quarter, compared to analysts’ expectations of $731.81 million. On average, analysts expect Nexa Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nexa Resources Price Performance

NEXA opened at $6.02 on Thursday. The company has a 50 day moving average of $5.71 and a two-hundred day moving average of $6.78. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.39. Nexa Resources has a 52-week low of $5.04 and a 52-week high of $9.61. The company has a market cap of $797.28 million, a P/E ratio of -3.91 and a beta of 1.09.

Analysts Set New Price Targets

NEXA has been the topic of a number of recent analyst reports. Bank of America cut their price target on Nexa Resources from $8.00 to $6.50 and set an “underperform” rating on the stock in a report on Monday, March 10th. BMO Capital Markets initiated coverage on shares of Nexa Resources in a research report on Wednesday, April 16th. They set a “market perform” rating and a $6.00 price objective on the stock. Finally, Scotiabank lowered their price objective on shares of Nexa Resources from $5.00 to $4.50 and set a “sector underperform” rating on the stock in a research report on Monday, April 7th.

About Nexa Resources

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.