As Ero Copper prepares to unveil its Q2 2026 earnings, investors are closely watching for signs of growth in a volatile market.
Ero Copper Corp (ERO.TO) will release its second quarter earnings on August 5, 2026, after the market closes. The company has focused on copper production and has shown promising trends in recent quarters, making this report crucial for investors. Analysts expect Ero to report earnings per share (EPS) of CA$0.71, which represents a significant year-over-year growth of 75.5% from last year's EPS of CA$0.64. This preview will explore the context surrounding the earnings report and what investors should pay attention to.
Recent earnings trend
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Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
WealthAwesomeMarket cap
$3.93B
P/E
9.6x
52W high
$53.69
52W low
$18.53
1W change
+1.92%
Beta
1.59
Analyst Price Targets
Based on analyst covering ERO
Wall Street analysts forecast ERO stock price to rise 31.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$49.44
+31.3% Upside
Current Price
C$37.64
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERO's historical volatility
30-Day Vol
57.9%
Annualized
90-Day Vol
65.1%
Annualized
Trend (90d)
+7.8%
Annualized drift
90d Mean
C$38.70
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$37.99 | C$31.11 – C$46.39 |
| 60 trading days | C$38.34 | C$28.91 – C$50.86 |
| 90 trading days | C$38.70 | C$27.38 – C$54.70 |
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 |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | — | 0.7100 | — |
| 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% |
| 2025-03-31 | 2025-05-05 | 0.4800 | 0.2400 | +100.0% |
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Investor takeaway: With a history of exceeding estimates and strong projected growth, Ero Copper Corp's upcoming earnings report could be a pivotal moment for the stock, especially given the current market dynamics.
EPS Estimate of CA$0.71, with a 75.5% Year-over-Year Growth Projection
The revenue consensus for the upcoming quarter stands at CA$365.66 million, indicating a robust 61.6% growth compared to the same period last year, highlighting the potential for strong financial performance.
Bull case
Ero Copper has a solid track record of exceeding earnings expectations in recent quarters, with two out of the last four quarters reporting positive surprises. The anticipated EPS growth of 75.5% from the previous year could further boost investor confidence, especially if revenue trends meet expectations.
Bear case
Despite the positive outlook, there are concerns about the recent downward revision of EPS estimates from CA$1.53 to CA$1.12 in the past month. If Ero fails to meet even these lowered expectations, it could lead to negative sentiment among investors.
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