Scor (SCRYY) Projected to Post Earnings on Wednesday

Key Points

• Scor is expected to report results on Wednesday, May 6, with analysts forecasting $0.12 EPS and $4.4748 billion in revenue for the quarter.
• In its last report on March 4 Scor beat estimates with $0.14 EPS and $5.28 billion in revenue, and analysts now forecast $0 EPS for the current fiscal year and $1 EPS next year.
• Shares trade around $3.77 with a market cap of $6.76 billion and a P/E of 6.98, and analyst coverage shows a consensus Moderate Buy (three Buy ratings, two Hold) amid recent upgrades and downgrades.

Scor (OTCMKTS:SCRYY - Get Free Report) is expected to post its resultson Wednesday, May 6th. Analysts expect Scor to post earnings of $0.12 per share and revenue of $4.4748 billion for the quarter.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The financial services provider reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $3.83 billion. Scor had a net margin of 5.55% and a return on equity of 19.75%. On average, analysts expect Scor to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Scor Price Performance

Shares of SCRYY stock opened at $3.77 on Wednesday. The company has a market capitalization of $6.76 billion, a P/E ratio of 6.98 and a beta of 0.55. The company's 50-day simple moving average is $3.58 and its two-hundred day simple moving average is $3.39. Scor has a one year low of $2.86 and a one year high of $4.04.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. BNP Paribas Exane upgraded shares of Scor from a "neutral" rating to an "outperform" rating in a research note on Monday, January 12th. The Goldman Sachs Group downgraded shares of Scor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 21st. Finally, Zacks Research downgraded shares of Scor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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.

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