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

Key Points

• Scor reported Q1 EPS of $0.14, beating consensus by $0.02, with a return on equity of 19.75% and a net margin of 5.55%.
• Shares climbed to $3.75 on above-average volume; the company has a market cap of $6.73B and a low P/E of 6.94, reflecting an attractive valuation.
• Analyst opinions are mixed—three Buy and two Hold ratings—with recent downgrades from Goldman Sachs and Zacks offset by an upgrade from BNP Paribas Exane, leaving an average rating of Moderate Buy.

Scor (OTCMKTS:SCRYY - Get Free Report) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating 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 Stock Performance

SCRYY traded up $0.23 during midday trading on Wednesday, reaching $3.75. 19,215 shares of the company were exchanged, compared to its average volume of 10,038. Scor has a one year low of $2.95 and a one year high of $4.04. The company's fifty day moving average price is $3.60 and its 200 day moving average price is $3.39. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 6.94 and a beta of 0.59.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group downgraded Scor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 21st. Zacks Research downgraded Scor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 25th. Finally, BNP Paribas Exane raised Scor from a "neutral" rating to an "outperform" rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company 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.

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