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

• Nexa Resources SA NEXA reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of seven analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from -1 cents to 21 cents per share.

• Revenue rose 7.6% to $763.52 million from a year ago; analysts expected $702.98 million.

• Nexa Resources SA's reported EPS for the quarter was 52 cents​.

• Nexa Resources SA shares had risen by 11.6% this quarter and lost 36.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 2 "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 $5.75, about 5.2% above its last closing price of $5.45

This summary was machine generated from LSEG data October 30 at 11:00 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)