Workflow
Why Ero Copper Corp. (ERO) Outpaced the Stock Market Today
EROEro Copper(ERO) ZACKS·2025-01-31 00:21

Group 1 - Ero Copper Corp. closed at 13.68,withadailyincreaseof1.8613.68, with a daily increase of 1.86%, outperforming the S&P 500's gain of 0.53% [1] - Over the last month, Ero Copper's shares decreased by 0.37%, lagging behind the Basic Materials sector's gain of 1.53% and the S&P 500's gain of 1.24% [1] Group 2 - Ero Copper is projected to report earnings of 0.47 per share, reflecting a year-over-year growth of 123.81%, with revenue estimated at $177 million, indicating a 52.05% growth compared to the same quarter last year [2] - Recent revisions to analyst forecasts for Ero Copper are important, as positive revisions indicate analyst optimism about the company's business and profitability [3] Group 3 - The Zacks Rank system, which includes estimate changes, indicates Ero Copper currently holds a Zacks Rank of 5 (Strong Sell), with the consensus EPS estimate moving 15.57% lower over the past month [5] - Ero Copper is trading at a Forward P/E ratio of 4.63, significantly lower than the industry average Forward P/E of 19.75 [6] Group 4 - The Mining - Non Ferrous industry, to which Ero Copper belongs, has a Zacks Industry Rank of 170, placing it in the bottom 33% of over 250 industries [6][7]