Sampo (SAXPY) Expected to Announce Quarterly Earnings on Thursday

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

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

Sampo Stock Down 0.4%

Shares of OTCMKTS:SAXPY opened at $22.27 on Thursday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.35. The firm has a market cap of $118.96 billion, a P/E ratio of 16.07 and a beta of 0.45. Sampo has a 12 month low of $15.81 and a 12 month high of $24.43. The company’s 50-day moving average price is $23.38 and its two-hundred day moving average price is $22.88.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SAXPY shares. Keefe, Bruyette & Woods downgraded Sampo from a “moderate buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays upgraded Sampo to a “hold” rating in a report on Tuesday, January 13th. Finally, Citigroup restated a “neutral” rating on shares of Sampo in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Sampo presently has a consensus rating of “Moderate Buy”.

Sampo Company Profile

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.