Nexa Resources SA reports results for the quarter ended in June - Earnings Summary

Nexa Resources SA

27/07/2023 23:29

* Nexa Resources SA  NEXA.N  reported a quarterly adjusted
loss
of 77 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 24.4% to $626.70 million from a year ago;
analysts
expected $549.06 million. 
    * Nexa Resources SA's reported EPS for the quarter was a
loss
of 77 cents​.
    * The mean earnings estimate of analysts had fallen by
about 120.4% in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Nexa Resources SA shares had fallen by 11.7% this
quarter and
lost 28.9% so far this year.
    * Wall Street's median 12-month price target for Nexa
Resources SA
is $6.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:29 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.04          -0.77          Missed
 Mar. 31 2023      0.06           -0.15          Missed
 Dec. 31 2022      -0.12          -0.62          Missed
 Sep. 30 2022      0.08           -0.31          Missed