Ero Copper Corp reports results for the quarter ended March 31 - Earnings Summary

• Ero Copper Corp ERO.TO reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of twelve analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 2 cents to 33 cents per share.

• Revenue rose 18.2% to $125.09 million from a year ago; analysts expected $128.70 million.

• Ero Copper Corp's reported EPS for the quarter was 77 cents​.

• The company reported quarterly net income of $80.23 million.

• Ero Copper Corp shares had risen by 1.4% this quarter and lost 8.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 41.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"

• Wall Street's median 12-month price target for Ero Copper Corp is C$23.50

This summary was machine generated from LSEG data May 5 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)