Sumitomo Mitsui Trust (OTCMKTS:SUTNY) Releases Quarterly Earnings Results
by Amy Steele · The Cerbat GemSumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.23 EPS for the quarter, Zacks reports. The company had revenue of $4.93 billion during the quarter, compared to analyst estimates of $1.33 billion.
Sumitomo Mitsui Trust Stock Performance
Sumitomo Mitsui Trust stock opened at $8.22 on Friday. The stock’s fifty day moving average price is $7.70 and its two-hundred day moving average price is $7.09. Sumitomo Mitsui Trust has a one year low of $5.05 and a one year high of $8.72.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Sumitomo Mitsui Trust from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Sumitomo Mitsui Trust presently has an average rating of “Hold”.
View Our Latest Analysis on Sumitomo Mitsui Trust
About Sumitomo Mitsui Trust
Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.
The group’s core activities span trust banking, asset management, real estate services and wholesale banking.