Analysts Estimate Nexa Resources S.A. (NEXA) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Nexa Resources S.A. due to lower revenues, with a focus on how actual results will compare to estimates impacting stock price [1][3]. Earnings Expectations - Nexa Resources is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of -133.3% [3]. - Revenues are projected to be $659.88 million, down 10.4% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 65.22% lower in the last 30 days, indicating a significant reassessment by analysts [4]. - The Most Accurate Estimate matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10]. Earnings Surprise Prediction - A positive or negative Earnings ESP reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - Nexa Resources currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat [10]. Historical Performance - In the last reported quarter, Nexa Resources exceeded expectations with earnings of $0.16 per share against an estimate of $0.09, resulting in a surprise of +77.78% [11]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [12]. Conclusion - Nexa Resources does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when evaluating the stock ahead of the earnings release [15].