Nexa Resources (NEXA) to Release Earnings on Thursday

Nexa Resources (NYSE:NEXA - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.17 per share and revenue of $635.17 million for the quarter.

Nexa Resources (NYSE:NEXA - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported ($1.00) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($1.20). The company had revenue of $740.92 million during the quarter, compared to the consensus estimate of $731.81 million. Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. On average, analysts expect Nexa Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nexa Resources Price Performance

Shares of Nexa Resources stock traded down $0.09 during midday trading on Friday, hitting $5.95. 6,306 shares of the company were exchanged, compared to its average volume of 47,663. The firm has a 50 day simple moving average of $5.73 and a 200-day simple moving average of $6.76. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.13 and a quick ratio of 0.76. Nexa Resources has a 52 week low of $5.04 and a 52 week high of $9.61. The firm has a market cap of $787.35 million, a P/E ratio of -3.86 and a beta of 1.09.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on NEXA shares. BMO Capital Markets started coverage on shares of Nexa Resources in a report on Wednesday, April 16th. They set a "market perform" rating and a $6.00 price objective for the company. Bank of America cut their price objective on Nexa Resources from $8.00 to $6.50 and set an "underperform" rating for the company in a research report on Monday, March 10th. Finally, Scotiabank decreased their target price on Nexa Resources from $5.00 to $4.50 and set a "sector underperform" rating on the stock in a report on Monday, April 7th.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.