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

Scor (OTCMKTS:SCRYY) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.14 earnings per share for the quarter, topping 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 business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $3.83 billion.

Scor Stock Performance

Shares of Scor stock opened at $3.39 on Thursday. The firm has a market cap of $6.09 billion, a P/E ratio of 6.28 and a beta of 0.55. The firm’s 50-day simple moving average is $3.36 and its 200-day simple moving average is $3.32. Scor has a twelve month low of $2.31 and a twelve month high of $3.73.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. The Goldman Sachs Group lowered Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Scor Company Profile

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.