Sampo (SAXPY) Projected to Post Earnings on Wednesday

Sampo (OTCMKTS:SAXPY) is anticipated to post its results before the market opens on Wednesday, May 6th. Analysts expect Sampo to post earnings of $0.25 per share and revenue of $4.4812 billion for the quarter.

Sampo (OTCMKTS:SAXPY) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.33 billion. On average, analysts expect Sampo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sampo Stock Performance

Shares of Sampo stock opened at $20.68 on Monday. The business has a 50-day simple moving average of $21.47 and a 200-day simple moving average of $22.40. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.30 and a current ratio of 0.30. Sampo has a one year low of $19.93 and a one year high of $24.43. The company has a market cap of $109.84 billion, a PE ratio of 12.02 and a beta of 0.39.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Citigroup reiterated a “neutral” rating on shares of Sampo in a report on Friday, April 24th. Barclays upgraded shares of Sampo to a “hold” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

About Sampo

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.