FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Equities research analysts at Scotiabank lowered their FY2026 EPS estimates for Ero Copper in a report issued on Friday, April 17th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $5.63 per share for the year, down from their previous forecast of $6.27. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $6.40 EPS.

Several other research analysts have also recently issued reports on ERO. TD raised their target price on shares of Ero Copper from C$45.00 to C$47.00 and gave the stock a “hold” rating in a report on Friday, April 10th. ATB Cormark Capital Markets raised their target price on shares of Ero Copper from C$37.00 to C$50.00 and gave the stock a “moderate buy” rating in a report on Friday, February 6th. Desjardins boosted their price objective on shares of Ero Copper from C$37.50 to C$45.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Canaccord Genuity Group boosted their price objective on shares of Ero Copper from C$48.00 to C$52.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, Jefferies Financial Group decreased their price objective on shares of Ero Copper from C$45.00 to C$38.00 in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$45.00.

Ero Copper Stock Performance

Ero Copper stock opened at C$37.78 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.06 and a debt-to-equity ratio of 67.59. Ero Copper has a twelve month low of C$15.92 and a twelve month high of C$53.69. The company has a market capitalization of C$3.94 billion, a PE ratio of 14.93, a P/E/G ratio of -0.72 and a beta of 1.93. The firm has a fifty day simple moving average of C$39.49 and a two-hundred day simple moving average of C$37.33.

Ero Copper (TSE:ERO) last posted its quarterly earnings results on Thursday, March 5th. The company reported C$1.43 earnings per share for the quarter. The business had revenue of C$430.18 million during the quarter. Ero Copper had a net margin of 33.50% and a return on equity of 31.58%.

Insider Activity

In other Ero Copper news, Director John H. Wright sold 15,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total value of C$781,650.00. Following the transaction, the director owned 377,832 shares in the company, valued at approximately C$19,688,825.52. The trade was a 3.82% decrease in their ownership of the stock. Insiders own 10.37% of the company’s stock.

About Ero Copper

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.