Ero Copper Earnings Estimate

ERO -  USA Stock  

USD 12.10  0.16  1.31%

Many public companies, such as Ero Copper, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Ero Copper's earnings estimates, investors can diagnose different trends across Ero Copper's analyst sentiment over time as well as compare current estimates against different timeframes.
Ero Copper is projected to generate 2.2 in earnings per share on the 31st of December 2021. Ero Copper earnings estimates module stress-tests analyst consensus about projected Ero Copper Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Investing Opportunities.
  
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The value of Gross Profit is estimated to slide to about 289.2 M. The value of Profit Margin is estimated to slide to 0.39
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Ero Copper Earnings Estimation Breakdown

Calculation of earning per share of Ero Copper Corp is based on official Zacks consensus of 3 analysts regarding Ero Copper future annual earnings. Given the historical accuracy of 0.0%, the future earnings per share of Ero Copper is estimated to be 2.2 with the lowest and highest values of 2.07 and 2.39, respectively. Please note that this consensus of annual earnings estimates for Ero Copper Corp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.12
2.07
Lowest
Expected EPS 2.2
2.39
Highest

Ero Copper Earnings Projection Consensus

Suppose the current estimates of Ero Copper's value are higher than the current market price of the Ero Copper stock. In this case, investors may conclude that Ero Copper is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Ero Copper's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

3

0.0%

2.12

2.2

Ero Copper Earnings History

Earnings estimate consensus by Ero Copper Corp analysts from Wall Street is used by the market to judge Ero Copper's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Ero Copper's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Ero Copper Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

77.71 Million

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The value of Accumulated Retained Earnings Deficit is expected to slide to about 304.7 M. The value of Earning Before Interest and Taxes EBIT is expected to slide to about 211 M Weighted Average Shares is expected to rise to about 96.8 M this year, although the value of Weighted Average Shares Diluted will most likely fall to about 86.4 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ero Copper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ero Copper in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.0612.1916.32
Details
Intrinsic
Valuation
LowReal ValueHigh
11.5015.6319.76
Details
Naive
Forecast
LowNext ValueHigh
10.0814.2118.34
Details
5 Analysts
Consensus
LowTarget PriceHigh
24.6825.6127.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ero Copper. Your research has to be compared to or analyzed against Ero Copper's peers to derive any actionable benefits. When done correctly, Ero Copper's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ero Copper Corp.
Note that many institutional investors and large investment bankers can move markets due to the volume of Ero Copper assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Ero Copper. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Ero Copper stock price in the short term.

Ero Copper Earnings per Share Projection vs Actual

Actual Earning per Share of Ero Copper refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Ero Copper Corp predict the company's earnings will be in the future. The higher the earnings per share of Ero Copper, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Ero Copper Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Ero Copper, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Ero Copper should always be considered in relation to other companies to make a more educated investment decision.

About Ero Copper Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Ero Copper earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Ero Copper estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Ero Copper fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit354.9 M304.7 M
Earning Before Interest and Taxes EBIT247.5 M211 M
Earnings per Basic Share 2.27  1.96 
Earnings per Diluted Share 2.21  1.89 
Price to Earnings Ratio 6.06  6.03 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA294.8 M261.5 M
Earnings before Tax235.3 M195.3 M
Ero Copper Corp., a mining company, focuses on the production, exploration, and development of mining projects in Brazil. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada. Ero Copper operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 2457 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ero Copper without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Ero Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ero Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ero Copper will appreciate offsetting losses from the drop in the long position's value.

Ero Copper Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ero Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ero Copper Corp to buy it.
The correlation of Ero Copper is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ero Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Ero Copper Corp information on this page should be used as a complementary analysis to other Ero Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Ero Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ero Copper. If investors know Ero Copper will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ero Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ero Copper Corp is measured differently than its book value, which is the value of Ero Copper that is recorded on the company's balance sheet. Investors also form their own opinion of Ero Copper's value that differs from its market value or its book value, called intrinsic value, which is Ero Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ero Copper's market value can be influenced by many factors that don't directly affect Ero Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ero Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine Ero Copper value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ero Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.