Wall Street analyst estimates for Ero Copper Corp. (ERO): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Ero Copper Corp. is a base metals mining enterprise engaged in the exploration, development, and operation of various projects throughout Brazil. The company produces and markets copper concentrate from its MCSA Mining Complex, located in the Curaçá Valley of northeastern Bahia state, with gold and silver recovered as secondary products. Additionally, Ero Copper Corp.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $1.3B | $1.2B – $1.3B | $4.00 | 7 |
| 2027E | $1.4B | $1.3B – $1.5B | $4.84 | 7 |
Figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 2 |
| Hold | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 4 |
| Avg rating (−2 sell to +2 buy) | 0.50 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-02 | $1.05 | ||
| 2026-08-05 | $0.83 | $0.74 | +12.6% |
| 2026-05-04 | $0.69 | $0.56 | +23.2% |
| 2026-03-05 | $1.04 | $1.06 | -1.9% |
| 2025-11-04 | $0.27 | $0.36 | -25.0% |
| 2025-07-31 | $0.46 | $0.33 | +39.4% |
| 2025-05-05 | $0.35 | $0.17 | +105.9% |
| 2025-03-06 | $0.17 | $0.21 | -19.0% |
Valuation Ratios
| P/E Ratio | 9.85 |
| Price / Book | 2.51 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | $148.2M | $233.1M | $284.8M | $324.1M | $489.9M | $426.4M | $427.5M | $470.3M | $799.6M |
| Cost of Revenue | $843,729 | $130.2M | $150.9M | $167.8M | $135.9M | $171.1M | $239.2M | $270.6M | $289.7M | $454.1M |
| Gross Profit | -$843,729 | $18.0M | $82.2M | $117.1M | $188.1M | $318.9M | $187.2M | $156.8M | $180.6M | $345.5M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $4.6M | $15.6M | $31.8M | $38.6M | $36.9M | $46.4M | $57.1M | $61.6M | $57.9M | $75.2M |
| Operating Expenses | $4.6M | $20.5M | $36.0M | $38.6M | $188.1M | $47.8M | $59.6M | $61.6M | $59.6M | $75.2M |
| Operating Income | -$5.5M | -$7.6M | $46.2M | $78.5M | 0 | $271.1M | $127.6M | $95.2M | $121.0M | $270.3M |
| EBITDA | -$1.6M | $56.1M | $62.9M | $142.7M | $110.9M | $289.8M | $206.5M | $222.6M | $194.0M | $498.9M |
| Interest Expense | 0 | $21.1M | $15.0M | $15.1M | $11.9M | $5.6M | $21.1M | $12.8M | $1.8M | $22.1M |
| Pre-tax Income | -$3.5M | $1.9M | $2.7M | $74.8M | $61.4M | $236.9M | $126.4M | $112.4M | -$75.4M | $336.7M |
| Income Tax | -$119,544 | -$16.3M | $5.7M | -$17.6M | $8.9M | $34.3M | $23.3M | $18.0M | -$7.7M | $65.2M |
| Net Income | -$3.0M | $22.5M | -$3.2M | $91.9M | $51.6M | $201.1M | $101.8M | $92.8M | -$68.5M | $268.3M |
| EPS | -$0.06 | $0.34 | -$0.04 | $1.08 | $0.60 | $2.27 | $1.12 | $0.99 | -$0.66 | $2.59 |
| EPS (Diluted) | -$0.06 | $0.34 | -$0.04 | $1.01 | $0.56 | $2.21 | $1.10 | $0.98 | -$0.66 | $2.58 |
| Shares Outstanding (Diluted) | 48.5 M | 66.0 M | 83.9 M | 91.4 M | 92.2 M | 91.0 M | 92.2 M | 94.9 M | 103.1 M | 104.1 M |
Price
| Price | $29.16 (closing price, November 2, 2026) |
| Market Cap | $3.0B |
| Exchange | NYSE |
| Country | CA |
Related companies: LUN.TO · FM.TO · CS.TO · NGEX.TO
Explore sector: Basic Materials · Copper
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