Sampo (SAXPY) to Release Quarterly Earnings on Wednesday

Sampo (OTCMKTS:SAXPY) is expected to be announcing its results before the market opens on Wednesday, November 5th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $2.2676 billion for the quarter.

Sampo (OTCMKTS:SAXPY) last posted its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.19 billion.

Sampo Trading Down 1.0%

Sampo stock opened at $22.71 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.30 and a current ratio of 0.30. The firm has a market cap of $122.24 billion, a price-to-earnings ratio of 22.57 and a beta of 0.54. Sampo has a 1 year low of $15.70 and a 1 year high of $23.52. The firm’s 50 day moving average price is $22.75 and its two-hundred day moving average price is $21.80.

Analysts Set New Price Targets

Several equities analysts have weighed in on SAXPY shares. Citigroup reiterated a “neutral” rating on shares of Sampo in a research report on Wednesday, September 3rd. Berenberg Bank upgraded shares of Sampo to a “strong-buy” rating in a research report on Wednesday, July 2nd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Sampo has an average rating of “Buy”.

Sampo Company Profile

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.