Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.350-1.350 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $15.0 billion-$15.0 billion, compared to the consensus revenue estimate of $17.2 billion.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Sumitomo Chemcl to a “hold” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Sumitomo Chemcl presently has a consensus rating of “Hold”.
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Sumitomo Chemcl Price Performance
Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.The firm had revenue of $3.97 billion for the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. As a group, research analysts forecast that Sumitomo Chemcl will post 1.5 earnings per share for the current fiscal year.
About Sumitomo Chemcl
Sumitomo Chemical Co, Ltd. is a diversified chemical company headquartered in Tokyo, Japan. Established in 1913 as part of the historic Sumitomo Group, the company has grown into a global industry leader, operating across multiple chemical and material science industries. It is listed in Japan’s premier equity markets and is available to U.S. investors via its American depositary receipts trading under the ticker SOMMY on the OTCMKTS exchange.
The company’s operations are organized into several core business segments, including petrochemicals, energy and functional materials, IT‐related chemicals, living materials, and health & crop sciences.
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