Sampo (SAXPY) Expected to Announce Quarterly Earnings on Thursday

Sampo (OTCMKTS:SAXPY) is anticipated to announce its results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.3268 billion for the quarter.

Sampo (OTCMKTS:SAXPY) last released its quarterly earnings data on Wednesday, November 5th. The financial services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.10. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.27 billion.

Sampo Trading Down 0.4%

Shares of SAXPY opened at $22.27 on Thursday. The business’s 50-day moving average price is $23.38 and its 200 day moving average price is $22.88. The stock has a market capitalization of $118.96 billion, a P/E ratio of 16.07 and a beta of 0.45. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.35. Sampo has a 1-year low of $15.81 and a 1-year high of $24.43.

Analyst Upgrades and Downgrades

SAXPY has been the topic of several research analyst reports. Barclays upgraded shares of Sampo to a “hold” rating in a report on Tuesday, January 13th. Citigroup restated a “neutral” rating on shares of Sampo in a report on Thursday, November 20th. Finally, Keefe, Bruyette & Woods lowered shares of Sampo from a “moderate buy” rating to a “hold” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, 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.