Scottish Mortgage (LON:SMT) Announces Earnings Results

Scottish Mortgage (LON:SMT) announced its quarterly earnings data on Wednesday. The company reported GBX 2.28 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 3,311 million for the quarter. Scottish Mortgage had a net margin of 97.44% and a return on equity of 28.15%.

Scottish Mortgage Trading Up 0.3%

SMT opened at GBX 1,524.50 on Wednesday. The company’s 50 day moving average is GBX 1,353.20 and its 200-day moving average is GBX 1,233.82. Scottish Mortgage has a 1-year low of GBX 972.40 and a 1-year high of GBX 1,540. The company has a market cap of £16.53 billion, a P/E ratio of 4.96 and a beta of 1.14.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Scottish Mortgage in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Scottish Mortgage Company Profile

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