Q3 Earnings Forecast for Ero Copper Issued By Raymond James

Ero Copper Corp. (NYSE:ERO) – Investment analysts at Raymond James raised their Q3 2025 earnings per share (EPS) estimates for shares of Ero Copper in a report issued on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.90 per share for the quarter, up from their prior forecast of $0.89. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Raymond James also issued estimates for Ero Copper’s FY2025 earnings at $2.55 EPS.

Ero Copper (NYSE:ERO) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.04). Ero Copper had a return on equity of 11.30% and a net margin of 3.67%. The company had revenue of $122.50 million for the quarter, compared to analyst estimates of $183.26 million.

ERO has been the subject of a number of other reports. Desjardins initiated coverage on Ero Copper in a research report on Friday, April 4th. They issued a “hold” rating for the company. BMO Capital Markets started coverage on Ero Copper in a report on Wednesday. They set an “outperform” rating for the company. TD Securities raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Finally, TD Cowen upgraded shares of Ero Copper from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $26.33.

Ero Copper Trading Up 4.2 %

NYSE:ERO opened at $10.95 on Thursday. The firm has a fifty day simple moving average of $12.34 and a two-hundred day simple moving average of $14.76. Ero Copper has a 12 month low of $9.30 and a 12 month high of $24.34. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 64.41 and a beta of 1.10. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71.

Institutional Trading of Ero Copper

Several institutional investors and hedge funds have recently made changes to their positions in the company. State of Wyoming bought a new stake in Ero Copper in the 4th quarter worth about $76,000. Synergy Asset Management LLC purchased a new position in shares of Ero Copper in the 4th quarter worth approximately $78,000. Northwest & Ethical Investments L.P. grew its holdings in shares of Ero Copper by 19.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock valued at $88,000 after acquiring an additional 1,050 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Ero Copper during the fourth quarter valued at approximately $125,000. Finally, TD Waterhouse Canada Inc. lifted its holdings in Ero Copper by 128.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company’s stock worth $143,000 after acquiring an additional 6,000 shares during the period. Hedge funds and other institutional investors own 71.30% of the company’s stock.

About Ero Copper

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.