Sumitomo Rubber Industries (SMTUF) Expected to Post Earnings on Thursday

Sumitomo Rubber Industries (OTCMKTS:SMTUFGet Free Report) is projected to release its results after the market closes on Thursday, August 6th. Analysts expect Sumitomo Rubber Industries to post earnings of $0.1637 per share and revenue of $1.8819 billion for the quarter.

Sumitomo Rubber Industries Price Performance

OTCMKTS:SMTUF opened at $13.67 on Tuesday. Sumitomo Rubber Industries has a 12-month low of $13.67 and a 12-month high of $16.36. The firm has a 50-day moving average price of $13.67 and a 200 day moving average price of $15.20.

About Sumitomo Rubber Industries

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Sumitomo Rubber Industries, Ltd. is a Japan‐based manufacturer specializing in the development, production and sale of tires, industrial rubber products and sports goods. Under its flagship brands—Dunlop and Falken—the company serves both the original‐equipment and replacement tire markets, supplying passenger cars, commercial vehicles and specialty applications. In addition to tire manufacturing, Sumitomo Rubber Industries produces hose, belts and molded rubber components for industrial and automotive clients worldwide.

The company traces its roots to the early 20th century and was formally established in 1963 through the merger of Sumitomo Rubber Co, Ltd.

Further Reading

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