FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (NYSE:ERO) – Research analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Ero Copper in a note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $2.83 per share for the year, down from their previous forecast of $3.03. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

Several other analysts also recently weighed in on ERO. Desjardins began coverage on Ero Copper in a research note on Friday, April 4th. They set a “hold” rating for the company. BMO Capital Markets restated an “outperform” rating on shares of Ero Copper in a research note on Friday, July 4th. National Bank Financial downgraded Ero Copper from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, July 9th. Raymond James Financial raised Ero Copper to a “moderate buy” rating in a report on Monday, June 30th. Finally, Stifel Nicolaus assumed coverage on Ero Copper in a report on Wednesday, July 9th. They issued a “buy” rating for the company. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.50.

Ero Copper Price Performance

Shares of NYSE:ERO opened at $14.21 on Friday. The business has a 50 day moving average price of $15.09 and a 200 day moving average price of $13.60. Ero Copper has a twelve month low of $9.30 and a twelve month high of $23.40. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 83.59 and a beta of 1.18. The company has a quick ratio of 0.80, a current ratio of 1.05 and a debt-to-equity ratio of 0.83.

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

Hedge Funds Weigh In On Ero Copper

Large investors have recently added to or reduced their stakes in the company. Acuitas Investments LLC acquired a new position in Ero Copper in the 1st quarter valued at approximately $39,000. State of Wyoming acquired a new position in shares of Ero Copper in the 4th quarter worth approximately $76,000. Northwest & Ethical Investments L.P. raised its holdings in shares of Ero Copper by 19.1% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock worth $88,000 after buying an additional 1,050 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Ero Copper by 128.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company’s stock worth $143,000 after buying an additional 6,000 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Ero Copper by 59.5% in the 4th quarter. Deutsche Bank AG now owns 10,700 shares of the company’s stock worth $144,000 after buying an additional 3,990 shares in the last quarter. Institutional investors and hedge funds 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.