FY2026 Earnings Forecast for Ero Copper Corp. Issued By National Bank Financial (NYSE:ERO)

Ero Copper Corp. (NYSE:EROFree Report) – Analysts at National Bank Financial cut their FY2026 earnings per share estimates for shares of Ero Copper in a note issued to investors on Sunday, June 9th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $3.21 per share for the year, down from their previous estimate of $3.22. The consensus estimate for Ero Copper’s current full-year earnings is $1.70 per share.

Ero Copper (NYSE:EROGet Free Report) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.11. The business had revenue of $105.80 million during the quarter, compared to the consensus estimate of $104.40 million. Ero Copper had a return on equity of 10.68% and a net margin of 14.23%.

Other analysts have also recently issued reports about the stock. TheStreet raised shares of Ero Copper from a “c” rating to a “b-” rating in a research report on Friday, March 8th. Scotiabank raised shares of Ero Copper from a “sector perform” rating to a “sector outperform” rating in a research report on Thursday, May 30th. Ventum Cap Mkts cut shares of Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 28th. Jefferies Financial Group started coverage on shares of Ero Copper in a research report on Friday, May 3rd. They issued a “hold” rating for the company. Finally, StockNews.com cut shares of Ero Copper from a “hold” rating to a “sell” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Ero Copper currently has an average rating of “Hold” and an average price target of $24.00.

View Our Latest Stock Report on ERO

Ero Copper Trading Down 1.2 %

ERO stock opened at $20.62 on Wednesday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 31.72 and a beta of 1.20. The company has a quick ratio of 0.60, a current ratio of 0.82 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $21.06 and a 200-day simple moving average of $17.87. Ero Copper has a 52 week low of $11.35 and a 52 week high of $24.38.

Institutional Investors Weigh In On Ero Copper

Institutional investors have recently modified their holdings of the stock. Acuitas Investments LLC raised its stake in Ero Copper by 61.5% during the fourth quarter. Acuitas Investments LLC now owns 2,100 shares of the company’s stock worth $33,000 after acquiring an additional 800 shares during the period. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Ero Copper during the fourth quarter worth about $79,000. Quantbot Technologies LP acquired a new stake in Ero Copper during the third quarter worth about $131,000. Vanguard Personalized Indexing Management LLC raised its stake in Ero Copper by 7.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 11,636 shares of the company’s stock worth $201,000 after acquiring an additional 843 shares during the period. Finally, Platinum Investment Management Ltd. acquired a new stake in Ero Copper during the fourth quarter worth about $257,000. Institutional investors and hedge funds own 71.30% of the company’s stock.

About Ero Copper

(Get Free Report)

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.

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Earnings History and Estimates for Ero Copper (NYSE:ERO)

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