Nexa Assets S.A. (NEXA) Stories Q3 Loss, Tops Income Estimates

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Nexa Assets S.A. (NEXA) Stories Q3 Loss, Tops Income Estimates

Nexa Assets S.A. (NEXA) got here out with a quarterly lack of $0.06 per share versus the Zacks Cons


Nexa Assets S.A. (NEXA) got here out with a quarterly lack of $0.06 per share versus the Zacks Consensus Estimate of a lack of $0.07. This compares to earnings of $0.06 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 14.29%. 1 / 4 in the past, it was anticipated that this firm would publish earnings of $0.14 per share when it truly produced earnings of $0.15, delivering a shock of seven.14%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.

Nexa Assets S.A.Which belongs to the Zacks Mining – Miscellaneous business, posted revenues of $563.42 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.91%. This compares to year-ago revenues of $595.10 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.

The sustainability of the inventory’s speedy value motion primarily based on the…



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