Sampo (SAXPY) Projected to Post Earnings on Thursday

Sampo (OTCMKTS:SAXPY) is expected to issue its results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.3268 billion for the quarter.

Sampo (OTCMKTS:SAXPY) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.32 EPS for the quarter, topping the consensus estimate of $0.22 by $0.10. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.27 billion.

Sampo Price Performance

Sampo stock opened at $22.49 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $23.32 and a 200 day moving average price of $22.90. Sampo has a 12-month low of $15.81 and a 12-month high of $24.43. The stock has a market cap of $120.13 billion, a P/E ratio of 16.23 and a beta of 0.45.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SAXPY shares. Keefe, Bruyette & Woods downgraded shares of Sampo from a “moderate buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays raised Sampo to a “hold” rating in a research note on Tuesday, January 13th. Finally, Citigroup restated a “neutral” rating on shares of Sampo in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Sampo has a consensus rating of “Moderate Buy”.

Sampo Company Profile

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.