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

Nexa Resources SA

30/10/2023 23:45

* Nexa Resources SA  NEXA.N  reported a quarterly adjusted
loss
of 56 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 7.6% to $649.30 million from a year ago;
analysts
expected $562.36 million. 
    * Nexa Resources SA's reported EPS for the quarter was a
loss
of 56 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,168.6% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Nexa Resources SA shares had fallen by 8.6% this
quarter and
lost 8.3% so far this year.
    * The company reported a quarterly loss of $73.7 million.
    * 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 1 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 11:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.11          -0.56          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