Q2 Earnings Estimate for Ero Copper Issued By Desjardins

Ero Copper Corp. (NYSE:ERO) – Investment analysts at Desjardins issued their Q2 2025 earnings per share estimates for shares of Ero Copper in a research note issued on Thursday, July 17th. Desjardins analyst B. Adams anticipates that the company will post earnings of $0.32 per share for the quarter. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

A number of other equities analysts have also recently weighed in on ERO. National Bankshares cut Ero Copper from an “outperform” rating to a “sector perform” rating in a report on Tuesday, July 8th. National Bank Financial cut Ero Copper from an “outperform” rating to a “sector perform” rating in a report on Wednesday, July 9th. Raymond James Financial upgraded Ero Copper to a “moderate buy” rating in a report on Monday, June 30th. Stifel Canada upgraded Ero Copper to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Ero Copper in a research note on Friday, July 4th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.50.

Ero Copper Stock Up 1.4%

Shares of NYSE:ERO opened at $14.47 on Friday. The stock has a market capitalization of $1.50 billion, a P/E ratio of 85.50 and a beta of 1.18. Ero Copper has a 1 year low of $9.30 and a 1 year high of $23.40. The stock has a 50-day simple moving average of $15.08 and a 200-day simple moving average of $13.59. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.80 and a current ratio of 1.05.

Ero Copper (NYSE:ERO) last issued its earnings results on Monday, May 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.18. Ero Copper had a return on equity of 14.24% and a net margin of 3.87%. The business had revenue of $125.10 million during the quarter, compared to analysts’ expectations of $179.45 million.

Institutional Trading of Ero Copper

A number of institutional investors and hedge funds have recently modified their holdings of ERO. Canoe Financial LP raised its stake in Ero Copper by 6.6% during the 2nd quarter. Canoe Financial LP now owns 33,756 shares of the company’s stock worth $571,000 after buying an additional 2,100 shares during the period. Goldman Sachs Group Inc. grew its position in Ero Copper by 82.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company’s stock worth $3,340,000 after acquiring an additional 124,179 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Ero Copper in the first quarter valued at about $356,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Ero Copper during the 1st quarter valued at about $217,000. Finally, Temasek Holdings Private Ltd boosted its position in shares of Ero Copper by 8.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 643,221 shares of the company’s stock valued at $7,796,000 after purchasing an additional 50,400 shares in the last quarter. 71.30% of the stock is currently owned by institutional investors.

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.