Scottish Mortgage (LON:SMT) Posts Quarterly Earnings Results

Scottish Mortgage (LON:SMT) released its quarterly earnings results on Wednesday. The company reported GBX 2.28 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,311 million for the quarter. Scottish Mortgage had a return on equity of 28.15% and a net margin of 97.44%.

Scottish Mortgage Trading Up 0.3%

LON SMT opened at GBX 1,524.69 on Wednesday. The business has a fifty day simple moving average of GBX 1,353.20 and a 200 day simple moving average of GBX 1,233.82. Scottish Mortgage has a 12 month low of GBX 972.40 and a 12 month high of GBX 1,540. The firm has a market capitalization of £16.53 billion, a P/E ratio of 4.96 and a beta of 1.14.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating on shares of Scottish Mortgage in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Scottish Mortgage Company Profile

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