Ero Copper Q1 EPS Estimated at $1.06, Revenue Forecast at $293.5M
Ero Copper Corp. stock dropped 2.57% in the latest session, underperforming the S&P 500’s 0.1% gain and lagging the Basic Materials sector’s 8.75% one-month advance. Analysts project Q1 EPS of $1.06 (up 523.5%) on $293.5 million revenue (+139.6%), with full-year estimates of $2.17 EPS and $780.3 million revenue.
1. Recent Session Underperformance
Shares of Ero Copper closed at $29.93, down 2.57%, underperforming the S&P 500’s 0.1% gain, the Dow’s 0.07% rise, and the Nasdaq’s 0.14% advance.
2. One-Month Performance vs Sector
Over the past month, the stock has climbed 4.07%, trailing the Basic Materials sector’s 8.75% gain but exceeding the S&P 500’s 1.43% loss.
3. Upcoming Q1 Estimates
Analysts forecast first-quarter EPS of $1.06, up 523.5% year-over-year, on revenue of $293.5 million, a 139.6% increase, with annual estimates at $2.17 EPS and $780.3 million revenue.
4. Valuation and Industry Standing
The stock trades at a 7.18x forward P/E versus a 26.12x industry average, indicating a deep valuation discount, while the sector ranks in the top 31% across more than 250 industries and carries a consensus hold rating.