Scor (SCRYY) Expected to Announce Quarterly Earnings on Friday

Scor (OTCMKTS:SCRYY) is projected to issue its quarterly earnings data on Friday, May 16th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $5.15 billion for the quarter.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. Scor had a negative return on equity of 1.46% and a negative net margin of 0.42%. The business had revenue of $5.58 billion for the quarter, compared to analysts’ expectations of $4.69 billion. On average, analysts expect Scor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Scor Price Performance

OTCMKTS:SCRYY opened at $3.02 on Thursday. Scor has a fifty-two week low of $1.82 and a fifty-two week high of $3.39. The stock has a market capitalization of $5.42 billion, a PE ratio of -75.50 and a beta of 0.75. The business’s 50-day simple moving average is $2.89 and its 200-day simple moving average is $2.63.

Scor Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.1375 per share. This represents a dividend yield of 4.32%. The ex-dividend date is Thursday, May 1st. Scor’s dividend payout ratio (DPR) is presently -300.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SCRYY shares. Barclays upgraded Scor to a “hold” rating in a report on Tuesday, January 28th. Royal Bank of Canada reiterated an “outperform” rating on shares of Scor in a report on Thursday, March 6th. The Goldman Sachs Group upgraded Scor to a “strong-buy” rating in a report on Monday, March 24th. Finally, UBS Group cut Scor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 31st. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Scor

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.