Sompo (OTCMKTS:SMPNY) Posts Quarterly Earnings Results

Sompo (OTCMKTS:SMPNY) announced its quarterly earnings data on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, Zacks reports. Sompo had a net margin of 10.62% and a return on equity of 13.26%.

Sompo Price Performance

Shares of SMPNY opened at $19.39 on Thursday. The firm’s 50 day moving average is $18.71 and its 200-day moving average is $17.75. The stock has a market capitalization of $36.23 billion, a P/E ratio of 9.46 and a beta of 0.33. Sompo has a 12-month low of $13.93 and a 12-month high of $20.59.

About Sompo

Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.