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

Sumitomo Mitsui Financial Group (NYSE:SMFG) is expected to issue its quarterly earnings data 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 Trading Down 0.4 %

Shares of Sumitomo Mitsui Financial Group stock opened at $14.82 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 1.94. The stock has a market cap of $96.96 billion, a P/E ratio of 12.78, a P/E/G ratio of 2.25 and a beta of 0.63. Sumitomo Mitsui Financial Group has a 12-month low of $10.10 and a 12-month high of $15.56. The business’s 50 day moving average is $14.65 and its 200-day moving average is $13.66.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a 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.