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

Scor (OTCMKTS:SCRYY) released its earnings results on Friday. The financial services provider reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01, Zacks reports. Scor had a net margin of 5.50% and a return on equity of 19.18%.

Scor Price Performance

Shares of SCRYY traded up $0.23 during mid-day trading on Friday, reaching $3.95. 342 shares of the company’s stock traded hands, compared to its average volume of 8,156. The stock has a market cap of $7.09 billion, a P/E 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 $3.68. Scor has a 12 month low of $2.95 and a 12 month high of $4.17.

Wall Street Analyst Weigh In

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