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Sumitomo Heavy Industries Q1 2023 Earnings Report

Sumitomo Heavy Industries logo
$5.30 0.00 (0.00%)
As of 01/6/2025

Sumitomo Heavy Industries EPS Results

Actual EPS
$0.17
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Sumitomo Heavy Industries Revenue Results

Actual Revenue
$1.88 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Sumitomo Heavy Industries Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Sumitomo Heavy Industries Earnings Headlines

Sumitomo Corp
These guys expect TSLA to reach $700 a share by August
Twitter lit up this morning after someone put a $4,000,000 bet on TSLA. These guys lit up the $700 strike calls for August 2025… This is odd, considering Tesla only trades for around $350 a share today… In other words, these guys are betting that Tesla’s stock will surge by 100% over the months ahead. In my opinion, that’s an incredibly risky bet. A lot can happen between now and then… Besides, there is a better way to target that same 100% return without waiting until August.
SOHVF Sumitomo Heavy Industries, Ltd.
Citi Reaffirms Their Hold Rating on Sumitomo Heavy Industries (SOHVF)
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About Sumitomo Heavy Industries

Sumitomo Heavy Industries (OTCMKTS:SOHVY) manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. Its Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, laser systems, control systems, motion components, and collaborative robot. The company's Industrial Machinery segment provides injection molding machines, cryocoolers, ion implanters, PET tracer production systems, vacuum coasting equipment, steel tube air forming, non-destructive inspections, clean room system, cast iron and steel rolls for hot rolling, and coolant systems. Its Logistics & Construction segment offers hydraulic excavators, crawler cranes, material handing systems, parking systems, transfer molding presses, cryopumps, proton therapy systems, forging presses, lifting magnets, spinning machines, dust collectors, surface grinding machines, extrusion coating line, road machinery, foundation machines, logistics systems, and forklifts. The company's Energy & Lifelines segment provides circulating fluidized bed (CFB) boilers, liquid air energy storage, electrostatic precipitators, evaporation and crystallization facilities, waste heat boilers, CFB scrubbers, flue gas denitrification systems, industrial wastewater treatment facilities, steam turbines, distillation technology and extractors, mixing vessels, and food and beverage manufacturing facilities. This segment also offers bubbling fluidized bed boilers, rotary kiln-type recycling facilities, ash handling systems, fluidized bed gasifiers, waste-to-energy plants baghouses, digital services, water and sewage treatment systems, process pumps, reactor vessels, coke oven machines, and oils tankers. The company provides IT solutions and security services. Sumitomo Heavy Industries, Ltd. was founded in 1888 and is headquartered in Tokyo, Japan.

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