Scor (OTCMKTS:SCRYY) Issues Earnings Results, Beats Expectations By $0.01 EPS

Scor (OTCMKTS:SCRYY) posted its earnings results on Friday. The financial services provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01, Zacks reports. Scor had a net margin of 5.50% and a return on equity of 19.18%.

Scor Price Performance

OTCMKTS:SCRYY traded up $0.23 during trading hours on Friday, hitting $3.95. 342 shares of the company were exchanged, compared to its average volume of 8,156. Scor has a 52-week low of $2.95 and a 52-week high of $4.17. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 7.31 and a beta of 0.56. The company’s 50 day moving average price is $3.83 and its 200-day moving average price is $3.68.

Wall Street Analyst Weigh In

Separately, UBS Group cut shares of Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Scor

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its business is primarily organized around property and casualty reinsurance, as well as life and health reinsurance.

The company’s property and casualty activities cover risks such as natural catastrophes, climate-related events, specialty lines, liability, marine, aviation and other commercial exposures. Through its life and health business, SCOR supports insurers with protection, longevity, mortality and health-related reinsurance solutions.