Sompo (OTCMKTS:SMPNY) Announces Earnings Results

Sompo (OTCMKTS:SMPNY) announced its quarterly earnings results on Friday. The company reported $0.57 earnings per share (EPS) for the quarter, Zacks reports. Sompo had a return on equity of 14.10% and a net margin of 10.20%.

Sompo Price Performance

OTCMKTS SMPNY traded up $0.42 during trading on Friday, reaching $19.92. 83,265 shares of the company’s stock were exchanged, compared to its average volume of 109,944. Sompo has a fifty-two week low of $13.18 and a fifty-two week high of $20.44. The business has a 50 day moving average price of $17.45 and a 200-day moving average price of $16.25. The stock has a market capitalization of $37.22 billion, a P/E ratio of 10.54 and a beta of 0.40.

Sompo Company Profile

Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.