Ero Copper Corp. (ERO) closed at $22.08 in the latest trading session, marking a -3.03% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.53%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.52%.
Prior to today's trading, shares of the company had gained 35.62% outpaced the Basic Materials sector's gain of 1.73% and the S&P 500's gain of 0.71%.
Investors will be eagerly watching for the performance of Ero Copper Corp. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2025. The company is forecasted to report an EPS of $0.44, showcasing a 62.96% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $215.45 million, showing a 72.64% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.01 per share and a revenue of $771.84 million, representing changes of +157.69% and +64.15%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Ero Copper Corp. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% higher. Ero Copper Corp. is holding a Zacks Rank of #1 (Strong Buy) right now.
In the context of valuation, Ero Copper Corp. is at present trading with a Forward P/E ratio of 11.36. This expresses a discount compared to the average Forward P/E of 27.98 of its industry.
The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 13, finds itself in the top 6% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Ero Copper Corp. (ERO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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