Scor (OTCMKTS:SCRYY) Issues Earnings Results, Beats Expectations By $0.03 EPS

Key Points

• Scor reported an earnings per share (EPS) of $0.14 for the quarter, exceeding analysts' expectations of $0.11 by $0.03.
• The company generated $5.35 billion in revenue for the quarter, surpassing analyst estimates of $5.27 billion.
• Despite positive earnings, Scor's stock traded down to $3.25, reflecting a trading volume significantly below its average.

Scor (OTCMKTS:SCRYY - Get Free Report) issued its earnings results on Thursday. The financial services provider reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.03, Zacks reports. Scor had a negative return on equity of 0.09% and a negative net margin of 0.01%. The business had revenue of $5.35 billion during the quarter, compared to analyst estimates of $5.27 billion.

Scor Stock Performance

Scor stock traded down $0.07 during midday trading on Friday, reaching $3.25. The stock had a trading volume of 1,139 shares, compared to its average volume of 30,243. Scor has a 12 month low of $1.82 and a 12 month high of $3.69. The company has a fifty day moving average price of $3.33 and a two-hundred day moving average price of $2.98.

Scor Company Profile

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.

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