Sompo (OTCMKTS:SMPNY) Posts Earnings Results

Key Points

• Sompo (OTCMKTS:SMPNY) reported earnings of $0.44 per share for the quarter, with a net margin of 7.77% and a return on equity of 14.57%.
• The company's stock traded down by $0.27 to hit $15.96, with a market capitalization of $29.81 billion and a price-to-earnings ratio of 11.08.
• Sompo Holdings provides a variety of insurance services both domestically in Japan and internationally, including property and casualty insurance, life insurance, and nursing care services.

Sompo (OTCMKTS:SMPNY - Get Free Report) issued its earnings results on Thursday. The company reported $0.44 earnings per share for the quarter, Zacks reports. Sompo had a return on equity of 14.81% and a net margin of 8.14%.The business had revenue of $8.75 billion during the quarter.

Sompo Price Performance

Shares of SMPNY stock traded down $0.2430 during mid-day trading on Tuesday, hitting $16.10. The stock had a trading volume of 113,301 shares, compared to its average volume of 97,739. Sompo has a 12-month low of $10.30 and a 12-month high of $17.0499. The firm has a market capitalization of $30.08 billion, a P/E ratio of 10.81 and a beta of 0.39. The firm's 50-day moving average is $15.04 and its two-hundred day moving average is $15.17.

Sompo Company Profile

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.