Ero Copper Corp reports results for the quarter ended in September 30 - Earnings Summary

• Ero Copper Corp ERO.TO reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of twelve analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 16 cents to 93 cents per share.

• Revenue rose 18.7% to $124.84 million from a year ago; analysts expected $155.25 million.

• Ero Copper Corp's reported EPS for the quarter was 39 cents​.

• The company reported quarterly net income of $40.86 million.

• Ero Copper Corp shares had fallen by 20.1% this quarter and gained 12.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 23.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "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$35.50

This summary was machine generated from LSEG data November 6 at 03:43 a.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)