Scout24 (SCOTF) to Release Quarterly Earnings on Wednesday

Scout24 (OTCMKTS:SCOTF) is anticipated to issue its results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.2353 per share and revenue of $351.0840 million for the quarter.

Scout24 Stock Performance

Shares of OTCMKTS SCOTF opened at $115.36 on Wednesday. Scout24 has a 52 week low of $115.36 and a 52 week high of $141.53. The stock’s fifty day moving average is $115.36 and its 200 day moving average is $116.94.

Analyst Ratings Changes

SCOTF has been the topic of a number of recent analyst reports. UBS Group upgraded Scout24 to a “buy” rating in a research report on Monday, February 9th. Jefferies Financial Group upgraded Scout24 to a “buy” rating in a research report on Tuesday, January 6th. Finally, Morgan Stanley upgraded Scout24 from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 9th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Scout24 currently has an average 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.