Sumitomo (OTCMKTS:SSUMY) Announces FY 2026 Earnings Guidance

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

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Sumitomo from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 7th. One analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Sumitomo Stock Up 1.7%

Shares of SSUMY stock opened at $10.77 on Thursday. The company has a current ratio of 1.34, a quick ratio of 0.94 and a debt-to-equity ratio of 0.69. Sumitomo has a 1 year low of $7.21 and a 1 year high of $12.45. The firm’s fifty day moving average price is $11.23 and its two-hundred day moving average price is $28.05. The firm has a market capitalization of $51.49 billion, a P/E ratio of 12.52, a PEG ratio of 0.76 and a beta of 0.64.

Sumitomo (OTCMKTS:SSUMY) last released its earnings results on Monday, November 2nd. The conglomerate reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Sumitomo had a net margin of 8.37% and a return on equity of 13.55%. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.01 billion. On average, equities analysts predict that Sumitomo will post 1.60 EPS for the current fiscal year.

About Sumitomo

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.