Stock Track | Nexa Resources Plunges 6.57% as Earnings Miss Weighs on Stock

Stock Track

Feb 28, 2025

Shares of Nexa Resources S.A. (NYSE: NEXA) plummeted 6.57% in Thursday's intraday trading session following the release of the company's full-year 2024 financial results.

While Nexa reported a 7.5% year-over-year increase in revenue to $2.77 billion, beating analyst expectations, the company's earnings per share (EPS) fell significantly short of estimates. Nexa reported an EPS loss of $1.55 for the full year, missing analyst estimates by a wide margin of 171%.

Despite the revenue growth, Nexa continued to post a net loss of $205 million for the year, although the loss narrowed by 30% compared to fiscal year 2023. The disappointing earnings and profitability figures likely drove the sharp sell-off in Nexa's stock on Thursday.

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(NYSE: NEXA) plummeted 6.57% in Thursday's intraday trading session following the release of the company's full-year 2024 financial results.</p>\n\n<p>While Nexa reported a 7.5% year-over-year increase in revenue to $2.77 billion, beating analyst expectations, the company's earnings per share (EPS) fell significantly short of estimates. Nexa reported an EPS loss of $1.55 for the full year, missing analyst estimates by a wide margin of 171%.</p>\n\n<p>Despite the revenue growth, Nexa continued to post a net loss of $205 million for the year, although the loss narrowed by 30% compared to fiscal year 2023. The disappointing earnings and profitability figures likely drove the sharp sell-off in Nexa's stock on Thursday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NEXA","symbol_name":"Nexa Resources S.A.","start_time":0,"source_url":"","article_id":"1134562118","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134562118","pubTimestamp":1740688005,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Nexa Resources S.A.  plummeted 6.57% in Thursday's intraday trading session following the release of the company's full-year 2024 financial results.While Nexa reported a 7.5% year-over-year increase in revenue to $2.77 billion, beating analyst expectations, the company's earnings per share  fell significantly short of estimates. Nexa reported an EPS loss of $1.55 for the full year, missing analyst estimates by a wide margin of 171%.Despite the revenue growth, Nexa continued to post a n","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NEXA":"Nexa Resources S.A."},"translate_title":"由于盈利未达预期令股价承压，Nexa Resources股价暴跌6.57%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEXA":1},"content_text":"Shares of Nexa Resources S.A. (NYSE: NEXA) plummeted 6.57% in Thursday's intraday trading session following the release of the company's full-year 2024 financial results.\nWhile Nexa reported a 7.5% year-over-year increase in revenue to $2.77 billion, beating analyst expectations, the company's earnings per share (EPS) fell significantly short of estimates. 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