Sumitomo (OTCMKTS:SSUMY) Issues FY 2026 Earnings Guidance

Sumitomo (OTCMKTS:SSUMY) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.220-0.220 for the period, compared to the consensus EPS estimate of 3.050.

Sumitomo Price Performance

Shares of OTCMKTS SSUMY opened at $10.59 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.94 and a current ratio of 1.34. The company has a market cap of $50.63 billion, a PE ratio of 12.34, a P/E/G ratio of 0.77 and a beta of 0.64. The business has a 50-day simple moving average of $11.23 and a two-hundred day simple moving average of $28.19. Sumitomo has a fifty-two week low of $7.14 and a fifty-two week high of $12.45.

Sumitomo (OTCMKTS:SSUMY) last released its earnings results on Monday, November 2nd. The conglomerate reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Sumitomo had a return on equity of 13.55% and a net margin of 8.37%. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.01 billion. As a group, equities analysts expect that Sumitomo will post 1.60 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Sumitomo from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, Sumitomo currently has an average rating of “Strong Buy”.

Sumitomo Company Profile

Sumitomo Corporation (OTCMKTS: SSUMY) is a Japan-based global trading and business investment company. It develops and manages businesses across a broad range of industries, connecting suppliers, manufacturers, service providers and customers through international networks and operating companies.

The company’s activities include metal products, transportation and infrastructure, construction systems, urban development, media and digital services, lifestyle-related businesses, mineral resources, energy transformation, and chemicals.