Sumitomo (OTCMKTS:SSUMY) Updates FY 2026 Earnings Guidance

Sumitomo (OTCMKTS:SSUMYGet 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 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

SSUMY stock traded up $0.14 during trading on Tuesday, reaching $10.66. 247,470 shares of the stock were exchanged, compared to its average volume of 382,903. The stock has a 50 day simple moving average of $30.22 and a 200-day simple moving average of $36.58. The company has a current ratio of 1.38, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $50.96 billion, a P/E ratio of 12.80, a price-to-earnings-growth ratio of 0.92 and a beta of 0.58. Sumitomo has a twelve month low of $6.38 and a twelve month high of $12.21.

Sumitomo (OTCMKTS:SSUMYGet Free Report) last announced its quarterly earnings data on Friday, July 31st. The conglomerate reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.58). The firm had revenue of $12.24 billion during 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%. As a group, sell-side analysts anticipate that Sumitomo will post 1.47 earnings per share for the current year.

Sumitomo Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Sumitomo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo and related companies with MarketBeat.com's FREE daily email newsletter.