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

Scor (OTCMKTS:SCRYY) announced its earnings results on Wednesday. The financial services provider reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01, reports. The firm had revenue of $5.28 billion for the quarter, compared to analysts’ expectations of $3.83 billion. Scor had a return on equity of 20.42% and a net margin of 5.55%.

Scor Trading Up 1.3%

OTCMKTS SCRYY opened at $3.44 on Friday. The business’s 50-day moving average price is $3.36 and its 200 day moving average price is $3.32. Scor has a twelve month low of $2.31 and a twelve month high of $3.73. The company has a market capitalization of $6.17 billion, a PE ratio of 6.36 and a beta of 0.55.

Analyst Ratings Changes

SCRYY has been the topic of a number of analyst reports. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Scor has an average rating of “Moderate Buy”.

About Scor

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.