Raymond James Estimates Ero Copper’s Q3 Earnings (NYSE:ERO)

Ero Copper Corp. (NYSE:ERO) – Investment analysts at Raymond James raised their Q3 2025 earnings per share estimates for shares of Ero Copper in a research note issued on Tuesday, April 15th. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.90 per share for the quarter, up from their prior estimate 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 released its quarterly earnings data on Thursday, March 6th. The company reported $0.17 earnings per share (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 business had revenue of $122.50 million for the quarter, compared to analysts’ expectations of $183.26 million.

Several other brokerages also recently weighed in on ERO. TD Cowen raised Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. Desjardins assumed coverage on Ero Copper in a report on Friday, April 4th. They issued a “hold” 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, BMO Capital Markets started coverage on shares of Ero Copper in a research report on Wednesday. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $26.33.

Ero Copper Stock Down 0.0 %

Shares of Ero Copper stock opened at $10.93 on Thursday. The company has a fifty day moving average price of $12.24 and a 200 day moving average price of $14.61. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71. Ero Copper has a twelve month low of $9.30 and a twelve month high of $24.34. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 64.26 and a beta of 1.10.

Hedge Funds Weigh In On Ero Copper

Institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. raised its holdings in Ero Copper by 22.6% in the fourth quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock valued at $52,450,000 after acquiring an additional 715,999 shares in the last quarter. Bridgewater Associates LP grew its holdings in Ero Copper by 400.2% during the 4th quarter. Bridgewater Associates LP now owns 818,269 shares of the company’s stock worth $11,026,000 after acquiring an additional 654,684 shares in the last quarter. Boston Partners increased its position in shares of Ero Copper by 66.9% in the 4th quarter. Boston Partners now owns 1,101,265 shares of the company’s stock worth $14,850,000 after purchasing an additional 441,413 shares during the last quarter. 683 Capital Management LLC raised its stake in shares of Ero Copper by 20.4% in the 4th quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock valued at $33,272,000 after purchasing an additional 418,367 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Ero Copper during the fourth quarter worth about $3,509,000. 71.30% of the stock is currently owned by hedge funds and other institutional investors.

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.