FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (NYSE:ERO) – Research analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Ero Copper in a research note issued to investors on Friday, April 17th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $4.12 per share for the year, down from their previous forecast of $4.58. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.31 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $4.68 EPS.

Several other analysts also recently commented on the stock. ATB Cormark Capital Markets upgraded shares of Ero Copper to a “moderate buy” rating in a research report on Friday, February 6th. Zacks Research downgraded shares of Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of Ero Copper in a research report on Monday, December 29th. Raymond James Financial downgraded shares of Ero Copper from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded shares of Ero Copper from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $31.50.

Ero Copper Stock Up 2.5%

ERO stock opened at $27.66 on Wednesday. The company has a fifty day moving average price of $28.75 and a 200 day moving average price of $27.05. Ero Copper has a 12 month low of $11.53 and a 12 month high of $39.80. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 10.89 and a beta of 1.29. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.46.

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

Hedge Funds Weigh In On Ero Copper

Large investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC purchased a new position in shares of Ero Copper in the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Ero Copper in the 4th quarter valued at about $38,000. Kestra Advisory Services LLC purchased a new position in shares of Ero Copper in the 4th quarter valued at about $56,000. SG Americas Securities LLC purchased a new position in shares of Ero Copper in the 4th quarter valued at about $115,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Ero Copper in the 3rd quarter valued at about $111,000. 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.