Ero Copper Corp. (ERO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate r ...

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Core Viewpoint - Ero Copper Corp. has gained attention as one of the most searched stocks, with a recent performance of +10.2% over the past month, outperforming the S&P 500 composite and the Zacks Mining - Non Ferrous industry [1] Earnings Estimates Revisions - The current quarter's earnings estimate for Ero Copper is projected at $0.27 per share, reflecting a +12.5% change year-over-year, with a significant +53.9% increase in the consensus estimate over the last 30 days [4] - The consensus earnings estimate for the current fiscal year stands at $1.59, indicating an +82.8% year-over-year change, with a slight +1.7% adjustment in the last month [4] - For the next fiscal year, the earnings estimate is $3.04, representing a +91% increase from the previous year, with a +1.7% change over the past month [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $113.6 million, showing an +8.3% year-over-year change [8] - For the current fiscal year, the sales estimate is $648.34 million, indicating a +51.7% change, while the next fiscal year's estimate is $963.84 million, reflecting a +48.7% change [8] Last Reported Results and Surprise History - In the last reported quarter, Ero Copper achieved revenues of $105.8 million, a +4.8% year-over-year increase, and an EPS of $0.16, down from $0.24 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $104.4 million by +1.34%, and the EPS surprise was +220% [9] - Over the last four quarters, Ero Copper surpassed consensus EPS estimates twice and revenue estimates twice [10] Valuation - Ero Copper is currently graded F on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14] Conclusion - The Zacks Rank 1 for Ero Copper suggests potential outperformance against the broader market in the near term, despite its premium valuation [15]

Ero Copper Corp. (ERO) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 220%. A quarter ago, it was expected that this company would post earnings of $0.23 per share when it actually produced earnings of $0.21, delivering a surprise of -8.70%.Over the last four quarters, the company ha ...

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX:ERO, NYSE:ERO) ("Ero" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2024. Management will host a conference call tomorrow, Wednesday, May 8, 2024, at 11:30 a.m. eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTS The Tucumã Project is ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 25th:TXO Partners, L.P. (TXO) : This oil and natural gas company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.TXO’s shares gained 3.4% over the past month compared with the S&P 500’s decline of 2.2%. The company possesses a Momentum Score  of A.PepGen Inc. (PEPG) : This clinical-stage biotechnology company has a ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Takeda Pharmaceutical Company Limited (TAK) : This company that engages in the research, development, manufacture and out-licensing of pharmaceutical products in Japan and globally has seen the Zacks Consensus Estimate for its current year earnings increasing 35.1% over the last 60 days.TXO Partners, L.P. (TXO) : This oil and natural gas company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.3% over th ...

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX:ERO, NYSE:ERO) ("Ero" or the "Company") reported the voting results from its Annual General Meeting of Shareholders held today in Vancouver, British Columbia. A total of 93,474,205 common shares were represented at the meeting, being 90.96% of the issued and outstanding common shares of the Company as at the March 5, 2024 record date. Shareholders voted in favour of all items of business before the meeting, including the r ...

The prospects of the Zacks Mining - Non Ferrous industry appear promising at the moment, backed by the upward trajectory of metal prices. The demand for non-ferrous metals is expected to be supported by the energy-transition trend, which will buoy the industry.We suggest keeping a close eye on companies like Southern Copper Corporation (SCCO) , Freeport-McMoRan Inc. (FCX) , Lundin Mining (LUNMF) , Ero Copper (ERO) and Centrus Energy (LEU) . These companies are strategically focused on building reserves, tec ...

One stock that might be an intriguing choice for investors right now is Ero Copper Corp (ERO) . This is because this security in the Mining - Non Ferrous space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Mining ...