Core Insights - Ero Copper Corp. reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, marking an earnings surprise of 105.88% [1] - The company posted revenues of $125.09 million for the quarter ended March 2025, which fell short of the Zacks Consensus Estimate by 1.51% [2] - Ero Copper has surpassed consensus EPS estimates three times over the last four quarters, but has not beaten revenue estimates during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $194 million, while the estimate for the current fiscal year is $2 on revenues of $841.98 million [7] - The estimate revisions trend for Ero Copper is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Mining - Non Ferrous industry, to which Ero Copper belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Ero Copper Corp. (ERO) Q1 Earnings Beat Estimates