Sampo (OTCMKTS:SAXPY) Issues Earnings Results, Beats Estimates By $0.10 EPS

Sampo (OTCMKTS:SAXPY) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.10, Zacks reports. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.27 billion.

Sampo Trading Up 1.2%

Sampo stock traded up $0.28 during midday trading on Thursday, reaching $22.75. The stock had a trading volume of 34,291 shares, compared to its average volume of 70,101. The firm’s fifty day simple moving average is $22.68 and its two-hundred day simple moving average is $21.91. Sampo has a twelve month low of $15.70 and a twelve month high of $23.52. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.30 and a quick ratio of 0.30. The firm has a market cap of $122.45 billion, a price-to-earnings ratio of 22.61 and a beta of 0.52.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “neutral” rating on shares of Sampo in a research note on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

About Sampo

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.