Sumitomo (OTCMKTS:SSUMY – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.266-0.266 for the period, compared to the consensus estimate of 3.050. The company issued revenue guidance of $14.8 billion-$14.8 billion, compared to the consensus revenue estimate of $46.8 billion.
Sumitomo Stock Up 1.8%
SSUMY stock traded up $0.20 during mid-day trading on Thursday, hitting $11.07. 262,128 shares of the company were exchanged, compared to its average volume of 381,033. The company has a market capitalization of $52.92 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 0.95 and a beta of 0.58. The company has a current ratio of 1.38, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. Sumitomo has a twelve month low of $6.55 and a twelve month high of $12.21. The firm has a fifty day simple moving average of $28.82 and a 200 day simple moving average of $36.19.
Sumitomo (OTCMKTS:SSUMY – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The conglomerate reported $0.25 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.58). The company had revenue of $12.24 billion for the quarter, compared to the consensus estimate of $11.50 billion. Sumitomo had a return on equity of 12.39% and a net margin of 8.23%. On average, research analysts forecast that Sumitomo will post 1.47 earnings per share for the current fiscal year.
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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