Ero Copper Corp. (ERO) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Ero Copper Corp. (ERO) experienced a decline of 2.78% in its stock price, closing at $16.77, while the S&P 500 gained 0.52% [1] - Over the past month, Ero Copper's shares have appreciated by 21.14%, outperforming the Basic Materials sector's gain of 4.06% and the S&P 500's gain of 5.95% [1] Upcoming Earnings - The upcoming earnings release for Ero Copper Corp. is scheduled for July 31, 2025, with projected earnings of $0.43 per share, indicating a year-over-year growth of 138.89% [2] - The consensus estimate for revenue is $195 million, reflecting a 66.52% increase from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, Zacks Consensus Estimates project earnings of $1.97 per share and revenue of $826 million, representing increases of 152.56% and 75.67% respectively from the previous year [3] - Recent modifications to analyst estimates indicate positive sentiment regarding Ero Copper's business and profitability [3] Valuation Metrics - Ero Copper Corp. has a Forward P/E ratio of 8.76, which is significantly lower than the industry average Forward P/E of 24.02 [6] - The Mining - Non Ferrous industry, part of the Basic Materials sector, currently holds a Zacks Industry Rank of 149, placing it in the bottom 40% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Ero Copper Corp. holding a Zacks Rank of 3 (Hold) [5] - The Zacks Rank has a proven track record of outperformance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5]