FY2026 Earnings Estimate for Ero Copper Issued By Scotiabank

Ero Copper Corp. (NYSE:ERO) – Research analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Ero Copper in a research note issued on Thursday, March 12th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $4.58 for the year, down from their prior forecast of $4.80. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $4.55 EPS.

Ero Copper (NYSE:ERO) last posted its quarterly earnings results on Thursday, March 5th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.02). The business had revenue of $320.20 million for the quarter, compared to analysts’ expectations of $430.46 million. Ero Copper had a net margin of 33.56% and a return on equity of 27.09%.

Several other equities analysts have also issued reports on ERO. Jefferies Financial Group lowered Ero Copper from a “buy” rating to a “hold” rating in a research report on Sunday, December 7th. Wall Street Zen upgraded Ero Copper from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. ATB Cormark Capital Markets raised Ero Copper to a “moderate buy” rating in a research note on Friday, February 6th. Canaccord Genuity Group raised shares of Ero Copper from a “hold” rating to a “buy” rating in a research note on Wednesday, January 14th. Finally, Bank of America lowered shares of Ero Copper from a “buy” rating to a “neutral” rating in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, Ero Copper has a consensus rating of “Moderate Buy” and an average target price of $32.50.

Ero Copper Trading Down 4.4%

NYSE ERO opened at $26.12 on Monday. The firm has a market cap of $2.72 billion, a PE ratio of 10.28 and a beta of 1.17. Ero Copper has a 1-year low of $9.30 and a 1-year high of $39.80. The stock has a 50-day moving average of $31.24 and a 200-day moving average of $25.07. The company has a current ratio of 0.82, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64.

Institutional Investors Weigh In On Ero Copper

Several institutional investors and hedge funds have recently bought and sold shares of the business. FIL Ltd grew its position in shares of Ero Copper by 74.1% in the 4th quarter. FIL Ltd now owns 11,670,422 shares of the company’s stock worth $330,161,000 after buying an additional 4,966,427 shares during the last quarter. Hillsdale Investment Management Inc. raised its holdings in shares of Ero Copper by 602.9% during the fourth quarter. Hillsdale Investment Management Inc. now owns 1,685,445 shares of the company’s stock valued at $47,767,000 after acquiring an additional 1,445,645 shares in the last quarter. Vanguard Group Inc. lifted its stake in Ero Copper by 1,614.0% in the third quarter. Vanguard Group Inc. now owns 1,434,428 shares of the company’s stock worth $29,056,000 after acquiring an additional 1,350,738 shares during the period. Bank of America Corp DE lifted its stake in Ero Copper by 82.6% in the second quarter. Bank of America Corp DE now owns 1,775,632 shares of the company’s stock worth $29,919,000 after acquiring an additional 803,320 shares during the period. Finally, Cape Ann Asset Management Ltd boosted its holdings in Ero Copper by 65.9% in the fourth quarter. Cape Ann Asset Management Ltd now owns 1,717,643 shares of the company’s stock valued at $48,592,000 after acquiring an additional 682,500 shares in the last quarter. Hedge funds and other institutional investors own 71.30% of the company’s stock.

About Ero Copper

Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.