Scor (OTCMKTS:SCRYY) Issues Quarterly Earnings Results

Scor (OTCMKTS:SCRYY) released its quarterly earnings data on Wednesday. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02, Zacks reports. Scor had a net margin of 5.55% and a return on equity of 19.75%.

Scor Trading Up 6.4%

Shares of OTCMKTS:SCRYY traded up $0.23 on Wednesday, reaching $3.75. 19,215 shares of the company’s stock were exchanged, compared to its average volume of 10,038. The company has a fifty day moving average of $3.60 and a 200-day moving average of $3.39. Scor has a twelve month low of $2.95 and a twelve month high of $4.04. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 6.94 and a beta of 0.59.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. Finally, The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently 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.