Sampo (OTCMKTS:SAXPY – Get Free Report) is expected to be announcing its results before the market opens on Wednesday, November 4th. Analysts expect Sampo to announce earnings of $0.32 per share and revenue of $2.68 billion for the quarter.
Sampo (OTCMKTS:SAXPY – Get Free Report) last released its earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.05). The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $2.96 billion. On average, analysts expect Sampo to post $1.23 EPS for the current fiscal year and $1.35 EPS for the next fiscal year.
Sampo Stock Up 0.1%
Shares of OTCMKTS SAXPY opened at $21.21 on Tuesday. The company has a market capitalization of $112.65 billion, a P/E ratio of 16.39 and a beta of 0.38. Sampo has a 52-week low of $19.35 and a 52-week high of $24.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 0.29. The company’s 50 day moving average price is $21.01 and its 200-day moving average price is $21.41.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of Sampo from a “sell” rating to a “buy” rating in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sampo has an average rating of “Moderate Buy”.
Get Our Latest Research Report on SAXPY
About Sampo
Sampo Oyj is a Finnish insurance group headquartered in Helsinki. The company focuses on property and casualty insurance, serving private individuals, businesses and institutional customers across the Nordic countries, the Baltic region and the United Kingdom.
Sampo’s principal operations include If P&C Insurance, one of the largest non-life insurers in the Nordic region, and Hastings, a specialist provider of motor and home insurance in the United Kingdom. The group has also expanded its presence in Denmark through Topdanmark, which offers property, casualty and life insurance products to retail and commercial customers.
Sampo traces its roots to Finland and has developed from a broader financial-services group into a focused insurance business.
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