Sumitomo Chemical Q2 EPS $0.80 Down From $0.85 YoY, Sales $3.735B Up From $3.576B YoY
Sumitomo Chemical (OTC:SOMMY) reported quarterly earnings of $0.80 per share. This is a 5.88 percent decrease over earnings of $0.85 per share from the same period last year. The company reported $3.735 billion in
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Why It Matters
Sumitomo Chemical made more money total but earned less per share. When a company grows sales but profits shrink, watch if costs are rising too fast.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.