Sumitomo (OTCMKTS:SSUMY – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.266-0.266 for the period, compared to the consensus earnings per share 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 Performance
OTCMKTS SSUMY traded up $0.14 on Tuesday, hitting $10.66. 247,470 shares of the company traded hands, compared to its average volume of 382,903. The business’s 50 day moving average price is $29.51 and its 200-day moving average price is $36.39. Sumitomo has a 52-week low of $6.38 and a 52-week high of $12.21. The company has a current ratio of 1.38, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $50.96 billion, a price-to-earnings ratio of 12.80, a P/E/G ratio of 0.92 and a beta of 0.58.
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 analysts’ consensus estimates of $0.83 by ($0.58). Sumitomo had a return on equity of 12.39% and a net margin of 8.23%.The company had revenue of $12.24 billion during the quarter, compared to analysts’ expectations of $11.50 billion. Equities analysts expect that Sumitomo will post 1.47 earnings per share for the current 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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