Nexa Resources (NEXA) Scheduled to Post Earnings on Thursday

Nexa Resources (NYSE:NEXA) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Nexa Resources to post earnings of ($0.05) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Nexa Resources (NYSE:NEXA) last released its quarterly earnings results on Wednesday, February 21st. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.08. Nexa Resources had a negative net margin of 11.24% and a negative return on equity of 3.42%. The firm had revenue of $629.90 million during the quarter, compared to analyst estimates of $593.27 million. On average, analysts expect Nexa Resources to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nexa Resources Trading Up 0.3 %

NYSE NEXA opened at $7.29 on Thursday. Nexa Resources has a 52 week low of $4.14 and a 52 week high of $7.62. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.09. The company has a 50-day moving average price of $7.12 and a 200-day moving average price of $6.57.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NEXA. JPMorgan Chase & Co. increased their target price on shares of Nexa Resources from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Tuesday, March 26th. Scotiabank increased their target price on shares of Nexa Resources from $4.50 to $6.00 and gave the stock a “sector underperform” rating in a report on Tuesday, April 9th. Finally, BMO Capital Markets increased their target price on shares of Nexa Resources from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $6.10.

About Nexa Resources

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.