Sampo (OTCMKTS:SAXPY) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Key Points

• Sampo beat quarterly expectations, reporting EPS of $0.30 versus the $0.23 consensus — a beat of $0.07.
• The stock traded up to $20.96 on the report (47,806 shares), with a market cap of $111.33 billion and a P/E of 12.19; its 12‑month range is $19.93–$24.43.
• Analyst sentiment is mixed with a consensus Hold rating (1 Strong Buy, 3 Hold, 1 Sell) and recent notes including Barclays moving to Hold and Citigroup reiterating Neutral.

Sampo (OTCMKTS:SAXPY - Get Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.23 by $0.07, Zacks reports.

Sampo Price Performance

SAXPY traded up $0.53 on Wednesday, reaching $20.96. 47,806 shares of the company's stock were exchanged, compared to its average volume of 65,055. The stock has a market cap of $111.33 billion, a PE ratio of 12.19 and a beta of 0.39. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The stock's fifty day moving average price is $21.42 and its 200-day moving average price is $22.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.30 and a quick ratio of 0.30.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays upgraded shares of Sampo to a "hold" rating in a research report on Tuesday, January 13th. Citigroup reiterated a "neutral" rating on shares of Sampo in a research report on Friday, April 24th. Finally, Zacks Research upgraded shares of Sampo to a "strong sell" rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Sampo has a consensus rating of "Hold".

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.

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