Nexa Resources (NYSE:NEXA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$709.5m (up 9.3% from 3Q 2023).

• Net loss: US$5.15m (loss narrowed by 93% from 3Q 2023).

• US$0.039 loss per share (improved from US$0.56 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nexa Resources Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.4% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Nexa Resources, and understanding it should be part of your investment process.

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