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.