Scotiabank Estimates Ero Copper’s FY2026 Earnings (TSE:ERO)

Ero Copper Corp. (TSE:ERO) – Investment analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for Ero Copper in a research note issued to investors on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $6.29 for the year, up from their prior estimate of $6.10. Scotiabank currently has a “Sector Perform” rating and a $55.00 price objective on the stock. 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 $8.12 EPS.

Ero Copper (TSE:ERO) last issued its earnings results on Wednesday, August 5th. The company reported C$1.18 EPS for the quarter. Ero Copper had a net margin of 29.72% and a return on equity of 30.09%. The company had revenue of C$403.95 million for the quarter.

ERO has been the subject of several other reports. Royal Bank Of Canada lifted their price target on shares of Ero Copper from C$52.00 to C$53.00 in a report on Tuesday, July 21st. Stifel Nicolaus upped their price objective on shares of Ero Copper from C$52.00 to C$53.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. National Bank Financial upped their price objective on shares of Ero Copper from C$52.50 to C$55.00 and gave the stock an “outperform” rating in a research note on Monday, September 21st. Bank of America raised shares of Ero Copper from a “neutral” rating to a “buy” rating and raised their price objective for the stock from C$41.00 to C$49.00 in a report on Thursday, July 16th. Finally, ATB Cormark Capital Markets raised their price objective on shares of Ero Copper from C$50.00 to C$55.00 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$48.67.

Ero Copper Stock Up 0.4%

ERO opened at C$49.25 on Friday. The firm has a market cap of C$5.14 billion, a price-to-earnings ratio of 16.69, a PEG ratio of -0.72 and a beta of 1.58. The company has a debt-to-equity ratio of 47.25, a quick ratio of 1.43 and a current ratio of 1.37. The firm’s 50-day simple moving average is C$50.63 and its 200-day simple moving average is C$42.86. Ero Copper has a twelve month low of C$27.22 and a twelve month high of C$56.62.

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.