Scor (OTCMKTS:SCRYY) Posts Earnings Results, Beats Expectations By $0.02 EPS

Scor (OTCMKTS:SCRYY) posted its quarterly earnings results on Thursday. The financial services provider reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02, Zacks reports. Scor had a return on equity of 20.83% and a net margin of 5.79%.

Scor Stock Up 4.7%

SCRYY traded up $0.18 during trading on Thursday, hitting $4.10. The company had a trading volume of 4,219 shares, compared to its average volume of 9,714. Scor has a one year low of $2.95 and a one year high of $4.10. The company has a market capitalization of $7.36 billion, a PE ratio of 7.20 and a beta of 0.59. The firm’s 50-day moving average price is $3.71 and its 200 day moving average price is $3.59.

Analyst Ratings Changes

SCRYY has been the topic of a number of research analyst reports. BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Finally, Citigroup reissued a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Scor

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.