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

Scor (OTCMKTS:SCRYY) issued its quarterly earnings data on Friday. The financial services provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01, Zacks reports. The firm had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.19 billion. Scor had a net margin of 5.50% and a return on equity of 19.18%.

Scor Trading Up 6.8%

SCRYY traded up $0.25 during trading on Friday, reaching $3.95. The stock had a trading volume of 342 shares, compared to its average volume of 3,921. The company has a market capitalization of $7.09 billion, a price-to-earnings ratio of 7.31 and a beta of 0.56. The stock’s 50 day moving average is $3.83 and its two-hundred day moving average is $3.69. Scor has a one year low of $2.95 and a one year high of $4.17.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a report on Tuesday, August 18th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Scor presently has an average 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.