Sumitomo (OTCMKTS:SSUMY) Updates FY 2026 Earnings Guidance

Sumitomo (OTCMKTS:SSUMY) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share 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 Up 2.0%

Shares of OTCMKTS SSUMY traded up $0.21 during trading hours on Wednesday, hitting $10.87. The stock had a trading volume of 148,654 shares, compared to its average volume of 380,962. The firm’s 50-day moving average price is $29.51 and its two-hundred day moving average price is $36.39. Sumitomo has a 52 week low of $6.55 and a 52 week high of $12.21. The company has a market capitalization of $51.96 billion, a P/E ratio of 13.06, a P/E/G ratio of 0.93 and a beta of 0.58. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.38.

Sumitomo (OTCMKTS:SSUMY) last issued its quarterly earnings data on Friday, July 31st. The conglomerate reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.58). The business had revenue of $12.24 billion for the quarter, compared to the consensus estimate of $11.50 billion. Sumitomo had a net margin of 8.23% and a return on equity of 12.39%. Analysts anticipate that Sumitomo will post 1.47 EPS for the current fiscal year.

Sumitomo Company Profile

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.