Nexa Resources SA expected to post a loss of 11 cents a share - Earnings Preview

Nexa Resources SA

28/10/2023 03:05

* Nexa Resources SA  NEXA.N   NEXA.K  is expected to show a
fall
in quarterly revenue when it reports  results on October 30. 
    * The Luxembourg Luxembourg-based   company is expected to
report 
a 20.0% decrease in revenue to $562.36 million from $702.65
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nexa Resources SA
is for
a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nexa
Resources SA
is $6​, above​ its last closing price of $5.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.18       -0.04      -0.77     Missed  -1,682
                                                        .4
 Mar. 31 2023  0.09        0.06       -0.15     Missed  -350
 Dec. 31 2022  -0.09       -0.12      -0.62     Missed  -416.7
                                                        ​
 Sep. 30 2022  0.07        0.08       -0.31     Missed  -478
 ​​Jun.        0.48        0.52       0.82      Beat    59.2
 30 2022                                                
 Mar. 31 2022  0.34        0.35       0.48      Beat    38.7​
 Dec. 31 2021  0.49        0.53       0.01      Missed  -98.1
 Sep. 30 2021  0.47        0.47       -0.14     Missed  -129.8
 This summary was machine generated October 28 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated