Ero Copper (ERO) to Release Earnings on Monday

Ero Copper (NYSE:ERO) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $179.45 million for the quarter.

Ero Copper (NYSE:ERO) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.04). Ero Copper had a return on equity of 11.30% and a net margin of 3.67%. The company had revenue of $122.50 million for the quarter, compared to analysts’ expectations of $183.26 million. On average, analysts expect Ero Copper to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ero Copper Price Performance

Ero Copper stock opened at $12.78 on Friday. Ero Copper has a 1 year low of $9.30 and a 1 year high of $24.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. The firm has a 50 day moving average price of $11.97 and a 200 day moving average price of $14.01. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 75.18 and a beta of 1.10.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ERO. Desjardins started coverage on Ero Copper in a research report on Friday, April 4th. They issued a “hold” rating on the stock. BMO Capital Markets initiated coverage on Ero Copper in a research note on Wednesday, April 16th. They issued an “outperform” rating on the stock. Raymond James reissued an “outperform” rating on shares of Ero Copper in a research report on Friday, April 4th. TD Cowen upgraded shares of Ero Copper from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Finally, TD Securities raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $26.33.

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.