January 31, 2023

Here's what Wall Street expects from Sumitomo Chemical's earnings report

On February 1, Sumitomo Chemical will report Q3 earnings.
Wall Street analysts expect Sumitomo Chemical will be reporting earnings per share of ¥18.80.
Follow Sumitomo Chemical stock price in real-time on Markets Insider here.

Sumitomo Chemical will present Q3 figures on February 1.

Forecasts of 1 analyst expects earnings of ¥18.80 per share compared to earnings of ¥27.39 per share from the same quarter last year.

Wall Street is expecting the company to report ¥779.51 billion, an increase of 9.38% over the prior year quarter when the company reported ¥712.67 billion.

Looking at the full year, Wall Street analysts are expecting a profit of ¥63.14 per share. In the previous year, there was a loss of ¥99.16 per share. On average, analysts estimate full-year revenue to be ¥3,097.75 billion, compared to ¥ 2,765.32 billion in the previous year.

This story was written by Markets Insider’s RoboEddy, which automatically writes these stories based on data provided by our partners.

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