FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Analysts at Scotiabank cut their FY2026 EPS estimates for shares of Ero Copper in a research report issued on Friday, April 17th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $5.63 for the year, down from their previous forecast of $6.27. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $6.40 EPS.

Other research analysts also recently issued research reports about the stock. ATB Cormark Capital Markets raised their target price on shares of Ero Copper from C$37.00 to C$50.00 and gave the company a “moderate buy” rating in a research report on Friday, February 6th. National Bank Financial cut their target price on shares of Ero Copper from C$53.50 to C$50.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 15th. TD raised their price target on shares of Ero Copper from C$45.00 to C$47.00 and gave the company a “hold” rating in a report on Friday, April 10th. Canadian Imperial Bank of Commerce raised their price target on shares of Ero Copper from C$42.00 to C$52.00 in a report on Wednesday, February 4th. Finally, Bank of America cut shares of Ero Copper from a “buy” rating to a “neutral” rating and lowered their price target for the company from C$49.00 to C$45.00 in a report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Ero Copper presently has a consensus rating of “Moderate Buy” and an average target price of C$43.50.

Ero Copper Trading Down 4.9%

ERO stock opened at C$36.90 on Wednesday. The company has a market capitalization of C$3.85 billion, a PE ratio of 14.58, a P/E/G ratio of -0.72 and a beta of 1.93. Ero Copper has a 12 month low of C$15.02 and a 12 month high of C$53.69. The firm’s 50-day moving average is C$39.58 and its 200 day moving average is C$37.33. The company has a debt-to-equity ratio of 67.59, a current ratio of 1.06 and a quick ratio of 1.43.

Ero Copper (TSE:ERO) last posted its quarterly earnings results on Thursday, March 5th. The company reported C$1.43 EPS for the quarter. The company had revenue of C$430.18 million for the quarter. Ero Copper had a net margin of 33.50% and a return on equity of 31.58%.

Insider Buying and Selling

In related news, Director John H. Wright sold 15,000 shares of Ero Copper stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total value of C$781,650.00. Following the completion of the sale, the director directly owned 377,832 shares in the company, valued at C$19,688,825.52. This trade represents a 3.82% decrease in their position. 10.37% of the stock is owned by company insiders.

About Ero Copper

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.