Sumitomo (OTCMKTS:SSUMY – Get Free Report) is expected to be releasing its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.8330 per share and revenue of $11.5012 billion for the quarter.
Sumitomo (OTCMKTS:SSUMY – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The conglomerate reported $1.02 EPS for the quarter, beating the consensus estimate of $0.90 by $0.12. The firm had revenue of $12.48 billion for the quarter, compared to the consensus estimate of $14.01 billion. Sumitomo had a net margin of 8.19% and a return on equity of 12.21%. On average, analysts expect Sumitomo to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Sumitomo Price Performance
Shares of SSUMY opened at $9.78 on Tuesday. The firm has a market capitalization of $46.75 billion, a PE ratio of 11.82, a PEG ratio of 0.87 and a beta of 0.58. The company’s 50-day moving average is $33.72 and its 200-day moving average is $37.53. Sumitomo has a fifty-two week low of $6.38 and a fifty-two week high of $12.21. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.38 and a quick ratio of 1.01.
About Sumitomo
Sumitomo Corporation (OTCMKTS: SSUMY) is a global integrated trading and investment company headquartered in Japan. As one of the country’s major sogo shosha (general trading firms), Sumitomo operates a diversified business portfolio that spans trading, project development, equity investments and provision of services to industrial and consumer markets. The company acts as a commercial intermediary and strategic investor, linking producers, manufacturers and end users across international supply chains.
Sumitomo’s business activities cover a wide range of sectors, including metal products and mining, transportation and construction systems, infrastructure and real estate, energy and chemical products, electronics and digital solutions, and consumer goods and food.
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