How to Play Nexa Resources Stock Ahead of Its Q2 Earnings Release?
NEXA heads into the Q2 earnings release with stronger metal prices and zinc output, though weaker copper volumes and higher costs may temper gains.
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, ...
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Est. EPS $0.68 · Revenue $899.24M · 3 analysts
Est. EPS $0.69 · Revenue $891.74M · 2 analysts
Est. EPS $2.83 · Revenue $3.62B · 4 analysts
Est. EPS $0.83 · Revenue $913.98M · 1 analysts
$0.00 per share
$0.00 per share
EPS $0.52 · Revenue $899.69M
EPS $0.67 · Revenue $888.32M
EPS $1.00 · Revenue $2.99B
EPS $0.52 · Revenue $751.60M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $3.0B | +8.2% | +1.3% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $132.6M | +164.7% | -23.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +17.9% | -8.1% | -17.4% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +13.7% | +37.0% | -16.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +4.4% | +159.8% | -24.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $52.0M | -42.7% | +127.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +1.7% | -47.1% | +126.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 182.2% | -20.2% | -5.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.87x | -17.7% | -6.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $5.3B | +13.7% | +1.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.00 vs 0.86 | +16.0% | 0.52 vs 0.68 | -23.5% |
| Revenue Surprise | $3.0B vs $2.9B | +3.6% | $899.7M vs $899.2M | +0.0% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| May 26, 2026 | Aita Vanessa | officer | — | — | 0 | — |
| Mar 18, 2026 | Gunzburger Renata Penna Moreira | officer | — | — | 0 | — |
| Mar 18, 2026 | Macedo Paulo Ermirio de Moraes | director: | — | — | 0 | — |
| Mar 18, 2026 | Moreira Neuma Eufrazio Braz | officer | — | — | 0 | — |
| Mar 18, 2026 | Boletta Mauro Davi | officer | — | — | 0 | — |
Operator: Good morning, ladies and gentlemen, and welcome to Nexa Resources First Quarter 2026 Earnings Conference Call. Please note that today's event is being recorded and broadcast live via Zoom with access also through Nexa's Investor Relations website. A slide presentation accompanying the webcast is available for download as well as a replay of the conference call following its conclusion. [Operator Instructions] Now I would like to turn the conference over to Mr. Rodrigo Cammarosano, Head of Investor Relations and Treasury, for his opening remarks. Rodrigo Cammarosano: Good morning, everyone, and welcome to Nexa Resources first quarter 2026 earnings conference call. Thank you for joining us today. During the call, we will discuss Nexa's performance as detailed in the earnings release issued yesterday. We encourage you to follow along with the presentation available through the webcast. Before we begin, please turn to Slide #2, which contains our forward-looking statements disclaimer. We ask that you review the information regarding these statements and the associated risk factors. Joining the call today are our CEO, Ignacio Rosado; our CFO, Jose Carlos del Valle; and our Senior Vice President of Mining Operations, Leonardo Coelho. With that, I will turn it over to Ignacio. Ignacio Rosado: Thank you, Rodrigo, and good morning, everyone. Starting on Slide #3, our main highlights. The first quarter of 2026 was a strong start to the year. Adjusted EBITDA more than doubled year-over-year to $283 million with a margin of nearly 32%. Net income was $118 million or $0.67 per share, and net leverage continued to come down, closing the quarter at 1.59x, half a turn lower than where we were a year ago, benefited by a strong last 12 months adjusted EBITDA. Three things drove the results: a constructive price environment across our entire metal mix, most notably silver, where prices averaged 164% above the first quarter of 2025; higher sales volumes in both segments; and operating performance that continues to improve, particularly at Aripuana, which delivered another quarterly production record. The quarter was not without challenges, heavy rainfall at Cerro Lindo, and illegal community blockade at Atacocha and a shaft constraint at El Porvenir, all impacted the Peruvian production sequentially. Those issues have been addressed and the affected operations returned to normal run rates. In mining, zinc production reached 79,000 tonnes, up 18% year-over-year, with all 5 mines benefiting from improved ore grades. In smelting, zinc metal and oxide sales totaled 147,000 tonnes, up year-over-year and quarter-over-quarter, supported by ongoing operational improvements at our Brazilian smelters and continued solid performance at Cajamarquilla. The negative free cash flow in the quarter is consistent with our typical first quarter seasonality, reflecting working capital buildup and tax payments. We expect this to unwind over the coming quarters, reinforcing …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Juan Ignacio Rosado Gomez de La Torre | President & Chief Executive Officer | USD 1,447,939 | Male | 1969 | Active |
José Carlos del Valle Castro | Group Chief Financial Officer & Senior Vice President of Finance | USD 860,034 | Male | 1970 | Active |
Leonardo Nunes Coelho | Senior Vice President of Mining Operations | USD 802,023 | Male | 1977 | Active |
Jones Aparecido Belther | Senior Vice President of Technical Services & Business Development | USD 430,404 | Male | 1968 | Active |
Carlos Alberto Hilario De Andrade | Vice President of Human Resources and Corporate Affairs | USD 365,797 | Male | 1966 | Active |
Renata Moreira Gunzburger Penna | Vice President of Legal & Governance | USD 304,735 | Female | 1984 | Active |
Felipe Lana de Almeida | Head of Projects, Energy & Engineering | — | Male | 1982 | Active |
Vanessa Aita | Commercial Officer | — | — | — | Active |
Neuma Eufrazio Braz Moreira | Head of Compliance, Internal Controls & Internal Audit | — | Female | 1985 | Active |
Rodrigo Cammarosano | Head of Treasury & Investor Relations | — | Male | — | Active |
NEXA heads into the Q2 earnings release with stronger metal prices and zinc output, though weaker copper volumes and higher costs may temper gains.
Nexa Resources (NEXA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Brownfield Drilling Advances Priority Targets at Vazante and El Porvenir Luxembourg, Luxembourg--(Newsfile Corp. - July 28, 2026) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources", "Nexa", or the "Company") is pleased to announce its drilling and assay results for the first half of 2026.
Nexa Resources is evolving from a pure zinc producer to a diversified metals miner, with by-product metals now driving EBITDA. Recent EBITDA gains are heavily reliant on elevated by-product metal prices, raising concerns about sustainability if commodity prices normalize. Aripuana mine is ramping up but remains an execution story, with stable, lower-cost production and free cash flow yet to be proven.
Nexa Resources S.A. NEXA and Teck Resources Limited TECK are two prominent diversified base metals miners with significant zinc and copper production.