Sampo (SAXPY) Projected to Post Earnings on Wednesday

Key Points

• Sampo is slated to report results before the market opens on Wednesday, May 6; analysts expect $0.30 EPS and $4.529 billion in revenue for the quarter, and forecast about $1 EPS for both the current and next fiscal year.
• In the prior quarter (reported Feb. 5) Sampo beat estimates, posting $0.32 EPS versus a $0.27 consensus and $2.73 billion in revenue versus $2.33 billion expected.
• Sampo has a market capitalization of $108.94 billion and a P/E of 11.92, with an average analyst rating of Moderate Buy (one Strong Buy and three Hold ratings).

Sampo (OTCMKTS:SAXPY - Get Free Report) is expected to release its results before the market opens on Wednesday, May 6th. Analysts expect Sampo to post earnings of $0.30 per share and revenue of $4.5290 billion for the quarter.

Sampo (OTCMKTS:SAXPY - Get Free Report) last released 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 business had revenue of $2.73 billion during the quarter, compared to the consensus estimate 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 Price Performance

OTCMKTS:SAXPY opened at $20.51 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.34. The stock's 50 day moving average price is $21.51 and its two-hundred day moving average price is $22.43. The firm has a market capitalization of $108.94 billion, a price-to-earnings ratio of 11.92 and a beta of 0.45. Sampo has a 12-month low of $19.05 and a 12-month high of $24.43.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SAXPY. Barclays upgraded Sampo to a "hold" rating in a research note on Tuesday, January 13th. Citigroup restated a "neutral" rating on shares of Sampo in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock 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.

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