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

Scor (OTCMKTS:SCRYY) posted its quarterly earnings results on Wednesday. The financial services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01, reports. The business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Scor had a net margin of 5.63% and a return on equity of 20.01%.

Scor Price Performance

Shares of SCRYY stock opened at $3.39 on Thursday. Scor has a 12 month low of $2.31 and a 12 month high of $3.73. The company has a market cap of $6.09 billion, a PE ratio of 6.28 and a beta of 0.55. The business’s 50 day moving average is $3.36 and its two-hundred day moving average is $3.32.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SCRYY shares. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. The Goldman Sachs Group cut Scor from a “strong-buy” rating to a “hold” rating in a research note 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About Scor

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.