Nexa Resources (NEXA)
NYSE:NEXA
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.65Last Year’s EPS
0.11Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operating and financial momentum: strong year‑over‑year EBITDA growth (+126%), significant byproduct and silver tailwinds, improved leverage (net leverage 1.59x), record production at Aripuana and Cerro Pasco Phase 1 progressing on schedule. These positives are tempered by near‑term headwinds: Q1 negative free cash flow from seasonality and tax payments, Peruvian operational disruptions that pressured sequential volumes, and structural smelter margin compression due to very low treatment charges. Management reiterated guidance, liquidity and deleveraging priorities and expects normalization of Peruvian output and continued operational improvements across smelters.Company Guidance
Strong Profitability and EBITDA Growth
Adjusted EBITDA more than doubled year‑over‑year to $283 million (up ~126% YoY) with a margin of ~31.8%, driven by higher metal prices, stronger byproduct credits and improved operational execution.
Revenue Growth and Improved Byproduct Contribution
Net revenues totaled $888 million, up 42% year‑over‑year (down 2% sequentially); year‑over‑year performance included a $158 million larger byproduct contribution.
Net Income, EPS and Deleveraging Progress
Net income of $118 million (EPS $0.67) and net leverage declined to 1.59x (from 2.09x a year ago), reflecting stronger LTM EBITDA of $929 million and disciplined deleveraging.
Mining Production and Margin Strength
Zinc production reached 79,000 tonnes, up 18% YoY; mining net revenues were $460 million with adjusted EBITDA of $231 million (50% margin). Cash cost net of byproducts was strongly negative at $0.76/lb (well below 2026 guidance).
Aripuana Record Performance and Operational Upgrades
Aripuana produced a quarterly record 13,000 tonnes of zinc supported by higher grades and utilization; fourth tailings filter installation completed with commissioning underway (expected to conclude in Q2), reducing weather-driven throughput risk.
Smelting Sales Recovery and Transparency
Zinc metal and oxide sales totaled 147,000 tonnes (up YoY and QoQ). Brazilian smelters showed strong recovery (Juiz de Fora +56% YoY, Tres Marias +17% YoY). Company expanded disclosure to include byproduct sales (sulfuric acid, silver content, copper cement).
Cerro Pasco Phase 1 on Schedule
Cerro Pasco integration Phase 1 advanced on schedule with civil works and equipment fabrication completed; construction targeted for completion in Q3 and full project finalization in Q4 2026; pumping start targeted for Q2 2027.
Liquidity, Cost of Debt and CapEx Discipline
Total liquidity of $716 million (including $320 million undrawn sustainability‑linked RCF); average debt maturity 7.2 years and average cost of debt improved to 6.27%. Q1 CapEx was $72 million (~19% of guidance) and 2026 CapEx guidance reaffirmed at $381 million.
Silver Tailwinds and Streaming Step‑down Benefit
Silver prices reached multiyear highs and Q1 silver prices averaged 164% above Q1 2025; Cerro Lindo streaming step‑down (65% to 25%) is expected to add roughly $100 million of incremental cash generation annually at current prices starting Q2.
Exploration Progress and Reserve Growth
Exploration spend of $16 million in Q1; drilling program increased to ~67,000 meters for 2026 (≈12% above original plan). Notable intercept at Massaranduba: 16.6m @ 9.6% Zn and 3% Pb, supporting long‑term district potential.
NEXA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NEXA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $16.72 | $13.93 | -16.69% |
Feb 26, 2026 | $12.02 | $13.65 | +13.56% |
Oct 30, 2025 | $5.45 | $5.81 | +6.61% |
Jul 31, 2025 | $4.84 | $4.67 | -3.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nexa Resources (NEXA) report earnings?
Nexa Resources (NEXA) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Nexa Resources (NEXA) earnings time?
Nexa Resources (NEXA) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NEXA EPS forecast?
NEXA EPS forecast for the fiscal quarter 2026 (Q2) is 0.65.