Earnings Alerts

Sampo Oyj (SAMPO) Earnings: 1Q EPS Surpasses Estimates, Reveals Optimised 2024 Outlook

  • Sampo’s first-quarter earning per share (EPS) has exceeded the estimated numbers: the actual EPS stood at EU0.68, beating the estimate of EU0.62.
  • Following the first quarter results, Sampo has refined its 2024 outlook. It’s now projecting to achieve a Group combined ratio between 83–85 per cent.
  • Current market sentiment on Sampo remains mixed, with 12 buys, 11 holds, and 2 sells.

A look at Sampo Oyj Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Sampo Oyj shows a balanced long-term outlook across various factors. The company scores moderate ratings across Value, Dividend, and Growth, indicating a stable performance in these areas. With higher scores in Resilience and Momentum, Sampo Oyj demonstrates strength in its ability to weather challenges and maintain positive momentum in the market. As an insurance brokerage firm offering a range of insurance products globally, Sampo Oyj is positioned with a solid foundation for sustained growth and stability moving forward.

Sampo Oyj‘s Smart Scores suggest a favorable long-term prospect supported by its resilience and momentum in the market. While showing moderate scores in areas such as Value, Dividend, and Growth, the company’s emphasis on maintaining a strong position amidst market fluctuations and its ability to capitalize on positive market trends bode well for its future performance. Operating as an insurance brokerage firm catering to customers worldwide, Sampo Oyj is poised to leverage its strategic position and capitalize on opportunities in the insurance sector, positioning itself for continued success in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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