Scor (OTCMKTS:SCRYY) Posts Earnings Results, Beats Estimates By $0.01 EPS

Scor (OTCMKTS:SCRYYGet Free Report) announced its earnings results on Wednesday. The financial services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01, reports. Scor had a return on equity of 20.01% and a net margin of 5.63%.The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $3.83 billion.

Scor Trading Up 5.6%

Shares of OTCMKTS:SCRYY traded up $0.19 on Thursday, reaching $3.58. 5,140 shares of the company were exchanged, compared to its average volume of 10,499. The company has a 50-day moving average of $3.36 and a 200-day moving average of $3.32. The firm has a market cap of $6.43 billion, a price-to-earnings ratio of 6.63 and a beta of 0.55. Scor has a 1-year low of $2.31 and a 1-year high of $3.73.

Wall Street Analyst Weigh In

SCRYY has been the topic of several recent research reports. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on SCRYY

About Scor

(Get Free Report)

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.

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Earnings History for Scor (OTCMKTS:SCRYY)

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