Sumitomo Mitsui Financial Group (SMFG) Expected to Announce Earnings on Thursday

Sumitomo Mitsui Financial Group (NYSE:SMFG) is expected to announce its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $6.23 billion for the quarter.

Sumitomo Mitsui Financial Group Stock Down 0.4 %

Sumitomo Mitsui Financial Group stock opened at $14.82 on Tuesday. The firm has a market cap of $96.96 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 2.25 and a beta of 0.63. The stock has a fifty day simple moving average of $14.65 and a two-hundred day simple moving average of $13.66. Sumitomo Mitsui Financial Group has a 12 month low of $10.10 and a 12 month high of $15.56. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.94.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments.