Nexa Resources SA reports results for the quarter ended September 30 - Earnings Summary

• Nexa Resources SA NEXA.N reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of six analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 44 cents to 94 cents per share.

• Revenue rose 22.7% to $937.13 million from a year ago; analysts expected $951.97 million.

• Nexa Resources SA's reported EPS for the quarter was a loss of 47 cents​.

• The company reported a quarterly loss of $62.74 million.

• Nexa Resources SA shares had fallen by 3.0% this quarter and gained 34.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is "buy."

• Wall Street's median 12-month price target for Nexa Resources SA is $14.10, about 14.9% above its last closing price of $12.00

This summary was machine generated from LSEG data October 29 at 11:34 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)