FY2025 EPS Estimates for Ero Copper Corp. (TSE:ERO) Increased by Analyst

Ero Copper Corp. (TSE:ERO) – National Bank Financial raised their FY2025 earnings estimates for shares of Ero Copper in a research note issued on Thursday, April 18th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $4.17 per share for the year, up from their previous forecast of $4.12. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share.

ERO has been the subject of a number of other reports. Cormark boosted their price objective on Ero Copper from C$23.50 to C$26.50 in a research report on Monday, March 11th. Eight Capital upped their price objective on shares of Ero Copper from C$23.50 to C$30.00 and gave the stock a “neutral” rating in a research report on Monday. Scotiabank increased their price objective on shares of Ero Copper from C$24.00 to C$25.00 and gave the company a “sector perform” rating in a report on Tuesday, February 6th. CIBC boosted their target price on shares of Ero Copper from C$24.00 to C$28.50 and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. Finally, TD Securities raised their price target on shares of Ero Copper from C$24.00 to C$25.00 and gave the company a “hold” rating in a research note on Friday, March 8th. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$26.50.

Ero Copper Price Performance

Shares of Ero Copper stock opened at C$26.60 on Monday. The firm has a market cap of C$2.73 billion, a PE ratio of 20.00, a P/E/G ratio of -0.72 and a beta of 2.14. Ero Copper has a twelve month low of C$15.72 and a twelve month high of C$32.12. The company has a quick ratio of 1.43, a current ratio of 1.15 and a debt-to-equity ratio of 55.09. The business has a 50-day moving average price of C$24.94 and a 200 day moving average price of C$21.50.

Ero Copper (TSE:ERO) last issued its quarterly earnings data on Thursday, March 7th. The company reported C$0.29 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.02). Ero Copper had a return on equity of 13.96% and a net margin of 21.71%. The firm had revenue of C$158.50 million during the quarter, compared to analyst estimates of C$143.80 million.

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.