Ero Copper Corp. (ERO) Stock Dips While Market Gains: Key Facts

Company Performance - Ero Copper Corp. closed at $13.58, down 1.88% from the previous trading session, underperforming the S&P 500 which gained 0.39% [1] - Over the past month, Ero Copper shares have decreased by 1.91%, lagging behind the Basic Materials sector's gain of 7.14% and the S&P 500's gain of 1.7% [1] Upcoming Earnings - Analysts expect Ero Copper to report earnings of$ 0.47 per share, representing a year-over-year growth of 123.81% [2] - The consensus estimate for revenue is $177 million, which is an increase of 52.05% compared to the prior-year quarter [2] Analyst Estimates - Recent changes to analyst estimates for Ero Copper reflect shifting business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Valuation Metrics - Ero Copper is currently trading at a Forward P/E ratio of 4.78, which is significantly lower than the industry's average Forward P/E of 20.16 [6] - The Mining - Non Ferrous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Ero Copper as 5 (Strong Sell) due to a 15.57% downward shift in the consensus EPS estimate over the past month [5]