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Commodities

Ero Copper Surpasses Earnings Estimates with $0.83 Quarterly Results

Guavy AI Editorial Team
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Copper
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Ero Copper (NYSE: ERO) reported its quarterly earnings results on Wednesday, exceeding analysts' estimates.

The company's earnings per share for the quarter were $0.83, beating the consensus estimate of $0.74 by $0.09, according to Zacks.

Ero Copper's return on equity was 27.33%, and its net margin was 31.63%.

The company's stock traded up $1.45 during trading on Wednesday, reaching a price of $30.45, with 1,270,495 shares changing hands compared to its average volume of 831,735.

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