Ero Copper Corp ERO.TO reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of ten analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 6 cents to 79 cents per share.
Revenue rose 5.2% to $122.50 million from a year ago; analysts expected $146.57 million.
Ero Copper Corp's reported EPS for the quarter was a loss of 47 cents.
The company reported a quarterly loss of $48.94 million.
Ero Copper Corp shares had fallen by 8.5% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 26.9% in the last three months.
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the specialty mining & metals peer group is also "buy"
Wall Street's median 12-month price target for Ero Copper Corp is C$25.00
This summary was machine generated from LSEG data March 7 at 05:06 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.56 | 0.59 | Beat |
Sep. 30 2024 | 0.58 | 0.51 | Missed |
Jun. 30 2024 | 0.43 | 0.14 | Missed |
Mar. 31 2024 | 0.32 | 0.04 | Missed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.