Ero Copper Q3 Adj EPS $0.18, Inline, Sales $105.20M Miss $108.00M Estimate
Portfolio Pulse from mahesh@benzinga.com
Ero Copper (NYSE:ERO) reported Q3 earnings of $0.18 per share, in line with analyst consensus. This is a 350% increase from the same period last year. However, the company's quarterly sales of $105.20 million missed the analyst consensus estimate of $108.00 million by 2.59%, despite being a 22.47% increase from last year.
November 02, 2023 | 9:28 pm
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Ero Copper's Q3 earnings met expectations, but sales missed estimates. This mixed result could lead to uncertainty in the stock's short-term performance.
Ero Copper's earnings met analyst expectations, which is a positive signal. However, the company's sales missed estimates, which could be a concern for investors. This mixed result could lead to uncertainty in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100