Scout24 (SCOTF) Expected to Release Quarterly Earnings on Thursday

Scout24 (OTCMKTS:SCOTF) is projected to announce its resultson Thursday, August 6th. Analysts expect Scout24 to announce earnings of $0.3399 per share and revenue of $220.8540 million for the quarter.

Scout24 Price Performance

OTCMKTS:SCOTF opened at $83.23 on Tuesday. The firm’s 50 day moving average is $84.54 and its 200 day moving average is $99.79. Scout24 has a 12 month low of $81.30 and a 12 month high of $85.00.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SCOTF shares. The Goldman Sachs Group began coverage on Scout24 in a research report on Thursday, June 4th. They issued a “buy” rating for the company. Citigroup reiterated a “buy” rating on shares of Scout24 in a research note on Wednesday, May 27th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

About Scout24

Scout24 AG is a Germany-based operator of digital marketplaces specializing in real estate and automotive sectors. Headquartered in Munich, the company’s flagship platforms include ImmobilienScout24, a leading online property portal in Germany and Austria, and AutoScout24, one of Europe’s largest online marketplaces for new and used vehicles. These platforms connect private individuals, brokers and dealers with prospective buyers through searchable listings, digital marketing tools and ancillary services such as valuation modules and financing calculators.

Founded in 1998 as ImmobilienScout GmbH and rebranded to Scout24 AG in 2004, the company has expanded its footprint to serve multiple European markets.