Sumitomo (OTCMKTS:SSUMY) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

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Sumitomo (OTCMKTS:SSUMY – Get Free Report) issued its quarterly earnings results on Thursday. The conglomerate reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Sumitomo had a return on equity of 11.60% and a net margin of 7.71%. The firm had revenue of $12 billion during the quarter, compared to the consensus estimate of $12.66 billion.

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