Nexa Resources S.A. (NEXA) Tops Q1 Earnings Estimates

Group 1: Earnings Performance - Nexa Resources S.A. reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, compared to a loss of $0.15 per share a year ago, representing an earnings surprise of 77.78% [1] - The company posted revenues of $627.12 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 7.58%, but showing an increase from year-ago revenues of $579.78 million [2] - Over the last four quarters, Nexa Resources has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Nexa Resources shares have declined approximately 31.8% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.17 on revenues of $696.84 million, and for the current fiscal year, it is $0.37 on revenues of $2.83 billion [7] Group 3: Industry Context - The Mining - Miscellaneous industry, to which Nexa Resources belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Nexa Resources' stock performance [5] - Another company in the same industry, enCore Energy, is expected to report a quarterly loss of $0.02 per share, with revenues projected to be $15.1 million, down 50.3% from the year-ago quarter [9]