Scor (OTCMKTS:SCRYY – Get Free Report) issued its earnings results on Thursday. The financial services provider reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02, Zacks reports. Scor had a net margin of 5.50% and a return on equity of 19.40%. The company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.25 billion.
Scor Stock Performance
Shares of SCRYY opened at $4.05 on Friday. The stock has a market capitalization of $7.27 billion, a PE ratio of 7.50 and a beta of 0.59. Scor has a fifty-two week low of $2.95 and a fifty-two week high of $4.10. The company’s fifty day moving average is $3.72 and its 200 day moving average is $3.59.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on SCRYY shares. BNP Paribas Exane cut Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Citigroup reissued a “buy” rating on shares of Scor in a report on Thursday, May 7th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Scor Company Profile
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.
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