Scor (OTCMKTS:SCRYY) Releases Earnings Results, Beats Estimates By $0.02 EPS

Scor (OTCMKTS:SCRYY) released its earnings results on Wednesday. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02, Zacks reports. Scor had a return on equity of 19.75% and a net margin of 5.55%.

Scor Price Performance

Shares of OTCMKTS:SCRYY traded up $0.23 during trading on Wednesday, hitting $3.75. 19,215 shares of the company were exchanged, compared to its average volume of 10,038. The company has a market cap of $6.73 billion, a PE ratio of 6.94 and a beta of 0.59. The stock has a 50 day moving average of $3.60 and a 200 day moving average of $3.39. Scor has a 52-week low of $2.95 and a 52-week high of $4.04.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. Finally, Zacks Research lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average 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.