Scotiabank Predicts Ero Copper’s FY2026 Earnings (NYSE:ERO)

Posted by Stanley Muller on Jul 9th, 2026

Ero Copper Corp. (NYSE:ERO – Free Report) – Research analysts at Scotiabank cut their FY2026 EPS estimates for shares of Ero Copper in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $4.54 for the year, down from their prior forecast of $4.85. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.07 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $5.37 EPS.

Ero Copper (NYSE:ERO – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Ero Copper had a net margin of 31.63% and a return on equity of 27.33%. The company had revenue of $263.20 million for the quarter, compared to the consensus estimate of $245.51 million.

Several other equities analysts also recently issued reports on the company. Wall Street Zen raised Ero Copper from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. The Goldman Sachs Group cut Ero Copper from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $33.00 to $31.00 in a research report on Tuesday, April 14th. National Bank Financial upgraded Ero Copper from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, May 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Ero Copper in a report on Thursday, June 4th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Ero Copper in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $31.50.

Read Our Latest Report on Ero Copper

Ero Copper Trading Down 4.2%

NYSE ERO opened at $23.86 on Thursday. Ero Copper has a 12-month low of $12.79 and a 12-month high of $39.80. The company has a fifty day simple moving average of $27.90 and a two-hundred day simple moving average of $28.97. The company has a current ratio of 1.30, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The stock has a market cap of $2.49 billion, a P/E ratio of 8.49 and a beta of 1.20.

Institutional Trading of Ero Copper

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Ero Copper during the second quarter worth $592,000. Assenagon Asset Management S.A. purchased a new stake in Ero Copper in the second quarter valued at $9,639,000. Confluence Investment Management LLC purchased a new stake in Ero Copper in the second quarter valued at $305,000. PVG Asset Management Corp grew its position in Ero Copper by 509.7% during the 1st quarter. PVG Asset Management Corp now owns 48,431 shares of the company’s stock worth $1,292,000 after purchasing an additional 40,487 shares during the period. Finally, Glenmede Trust Co. NA acquired a new stake in Ero Copper during the 1st quarter worth about $411,000. Institutional investors and hedge funds own 71.30% of the company’s stock.

About Ero Copper

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Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.