Ero Copper Corp's latest earnings report showcases strong performance amidst a challenging market.
Ero Copper Corp (ERO.TO) reported its earnings for the second quarter of 2026, revealing an EPS of 1.16, surpassing analysts' expectations by 16%. This performance reflects the company's resilience in the metals and mining sector, particularly in copper production, which remains a critical commodity in today's economy.
Recent earnings trend
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Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
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Market cap
$5.31B
P/E
12.3x
52W high
$53.69
52W low
$18.57
1W change
+35.31%
Beta
1.59
Analyst Price Targets
Based on analyst covering ERO
Wall Street analysts forecast ERO stock price to fall 2.1% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$49.84
-2.1% Upside
Current Price
C$50.93
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERO's historical volatility
30-Day Vol
63.7%
Annualized
90-Day Vol
67.8%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$60.89
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$54.05 | C$43.39 – C$67.33 |
| 60 trading days | C$57.37 | C$42.05 – C$78.27 |
| 90 trading days | C$60.89 | C$41.62 – C$89.07 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-03 | — | 1.2100 | — |
| 2026-06-30 | 2026-08-05 | 1.1600 | 1.0000 | +16.0% |
| 2026-03-31 | 2026-05-04 | 0.9400 | 0.7200 | +30.6% |
| 2025-12-31 | 2026-03-05 | 1.4300 | 1.4400 | -0.7% |
| 2025-09-30 | 2025-11-04 | 0.3800 | 0.4500 | -15.6% |
| 2025-06-30 | 2025-07-31 | 0.6400 | 0.4600 | +39.1% |
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Investor takeaway: With a solid earnings beat, Ero Copper Corp demonstrates strong operational efficiency and growth potential, making it an intriguing option for investors focused on the materials sector.
Ero Copper Corp's EPS Surpasses Estimates by 16.0%
The reported EPS of 1.16 significantly outpaced the estimated 1.00, marking a continuation of positive earnings trends for the company.
Bull case
Ero Copper's consistent ability to exceed earnings estimates shows that the company is well-managed and has room for future growth. As global demand for copper rises, this positions Ero Copper favorably in the market.
Bear case
Even with the earnings beat, Ero Copper's stock is trading near its 52-week high. This could limit its upside potential in the short term, especially if market conditions take a turn for the worse.
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