Tokio Marine (TKOMY) to Release Earnings on Wednesday

Tokio Marine (OTCMKTS:TKOMY) is expected to issue its resultson Wednesday, May 20th. Analysts expect the company to announce earnings of $0.7150 per share and revenue of $12.8872 billion for the quarter.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.52 by $0.23. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. The business had revenue of $15.11 billion during the quarter, compared to analyst estimates of $12.87 billion. On average, analysts expect Tokio Marine to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Tokio Marine Trading Down 0.6%

Shares of OTCMKTS TKOMY opened at $45.68 on Wednesday. Tokio Marine has a 12 month low of $32.13 and a 12 month high of $50.82. The firm has a market capitalization of $88.35 billion, a PE ratio of 16.55 and a beta of 0.06. The firm has a fifty day simple moving average of $43.26 and a two-hundred day simple moving average of $39.78.

Analyst Upgrades and Downgrades

TKOMY has been the subject of several research reports. Zacks Research upgraded shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Berenberg Bank upgraded shares of Tokio Marine to a “strong-buy” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Tokio Marine

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.