Sompo (OTCMKTS:SMPNY – Get Free Report) released its earnings results on Friday. The company reported $0.64 earnings per share for the quarter, Zacks reports. The firm had revenue of $10.15 billion during the quarter. Sompo had a return on equity of 13.10% and a net margin of 11.95%.
Sompo Stock Performance
Sompo stock opened at $22.72 on Friday. Sompo has a 52 week low of $14.41 and a 52 week high of $23.41. The stock has a market capitalization of $42.45 billion, a P/E ratio of 8.94 and a beta of 0.30. The stock has a fifty day moving average of $20.61 and a 200-day moving average of $19.33.
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.
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