Ero Copper reports Q4 adjusted EPS 17c, consensus 21c

Reports Q4 revenue $122.5M, consensus $183.26M. “The strategic investments we made to grow our business in 2023 and 2024 have positioned us for a pivotal year ahead, with the Tucuma Operation set to drive transformational growth in both copper production and cash flow from operations,” said Makko DeFilippo, President and Chief Executive Officer. “With important work completed during an extended maintenance shutdown at Tucuma over the past several weeks, we are seeing consistency in plant throughput and copper production and expect to see improved operational performance going forward, as reflected in our 2025 guidance. We anticipate a record year by every measure for 2025 as we work diligently to complete the ramp-up to commercial production at Tucuma and restore operational flexibility at Caraiba. With a strong foundation in place, our focus is on delivering safe production, driving innovation to improve margins, and creating long-term value for our stakeholders through the advancement of Furnas over the months ahead.”