Core Viewpoint - Ero Copper Corp. reported quarterly earnings of 0.21 per share, representing a -19.05% earnings surprise [1]. Financial Performance - The company posted revenues of 116.41 million year-over-year [2]. - Over the last four quarters, Ero Copper has surpassed consensus EPS estimates three times [2]. Stock Performance - Ero Copper shares have declined approximately 8.3% since the beginning of the year, contrasting with the S&P 500's decline of -0.7% [3]. - The current Zacks Rank for Ero Copper is 5 (Strong Sell), indicating expectations of underperformance in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is 158 million, and for the current fiscal year, it is 803.78 million [7]. - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6]. Industry Context - The Mining - Non Ferrous industry, to which Ero Copper belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges for stock performance [8].
Ero Copper Corp. (ERO) Q4 Earnings and Revenues Miss Estimates