Sumitomo (OTCMKTS:SSUMY) Issues FY 2026 Earnings Guidance

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

Sumitomo Price Performance

Shares of Sumitomo stock remained flat at $10.61 during trading on Tuesday. The company had a trading volume of 28,004 shares, compared to its average volume of 334,594. The company has a quick ratio of 0.94, a current ratio of 1.34 and a debt-to-equity ratio of 0.69. Sumitomo has a 12-month low of $7.14 and a 12-month high of $12.45. The firm has a market capitalization of $50.72 billion, a P/E ratio of 12.74, a P/E/G ratio of 0.80 and a beta of 0.60. The business’s 50-day simple moving average is $11.25 and its 200 day simple moving average is $28.32.

Sumitomo (OTCMKTS:SSUMY) last released its quarterly earnings results on Monday, November 2nd. The conglomerate reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Sumitomo had a return on equity of 12.71% and a net margin of 8.23%. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.01 billion. Research analysts predict that Sumitomo will post 1.60 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Sumitomo from a “hold” rating to a “strong-buy” rating in a report on Monday, September 7th. One investment analyst has rated the stock with a Strong Buy rating. According to MarketBeat, Sumitomo 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.