Cormark Comments on Ero Copper Corp’s FY2017 Earnings (ERO)

Ero Copper Corp (TSE:ERO) – Research analysts at Cormark reduced their FY2017 earnings estimates for shares of Ero Copper in a research note issued to investors on Wednesday. Cormark analyst S. Ioannou now expects that the company will post earnings per share of ($0.11) for the year, down from their prior forecast of ($0.10). Cormark also issued estimates for Ero Copper’s Q4 2017 earnings at $0.04 EPS, Q1 2018 earnings at $0.06 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.43 EPS, Q1 2019 earnings at $0.25 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.26 EPS and Q4 2019 earnings at $0.26 EPS.

ERO has been the topic of several other research reports. Raymond James Financial reissued an “outperform” rating and set a C$7.00 price target on shares of Ero Copper in a research report on Monday, November 6th. Scotiabank reissued an “outperform” rating and set a C$6.25 price target on shares of Ero Copper in a research report on Monday, November 6th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$8.00 price target on shares of Ero Copper in a research report on Monday, November 6th.

Ero Copper (TSE:ERO) opened at C$8.30 on Friday. Ero Copper has a 12 month low of C$4.70 and a 12 month high of C$9.05.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Stock Observer and is owned by of Stock Observer. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://www.thestockobserver.com/2018/01/13/cormark-comments-on-ero-copper-corps-fy2017-earnings-ero.html.

Ero Copper Company Profile

Ero Copper Corp is a Canada-based metal mining company focused on the production and sale of copper from the Vale do Cura Property in Brazil, with gold and silver produced and sold as byproducts from the Vale do Cura Property. The Company’s principal business activities since incorporation have been the acquisition of an approximately 99.5% direct interest in MCSA and, indirectly through the acquisition of MCSA, the acquisition of the Vale do Cura Property and the Boa Esperana Property, as well as the advancement of the operations of the Vale do Cura Property.

Earnings History and Estimates for Ero Copper (TSE:ERO)

Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply