Scor (SCRYY) Expected to Release Earnings on Friday

Key Points

• Scor is expected to report quarterly results before the market opens on Friday, October 30. Analysts forecast earnings of $0.12 per share and revenue of $4.19 billion.
• In the previous quarter, Scor earned $0.12 per share, beating estimates of $0.10, while revenue of $4.17 billion fell short of the $4.25 billion consensus.
• Analyst sentiment is neutral: Scor has an average “Hold” rating, with two Buy ratings, three Holds and one Sell; UBS recently downgraded the stock to Sell.

Scor (OTCMKTS:SCRYY - Get Free Report) is expected to announce its results before the market opens on Friday, October 30th. Analysts expect Scor to post earnings of $0.12 per share and revenue of $4.19 billion for the quarter.

Scor (OTCMKTS:SCRYY - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.25 billion. Scor had a net margin of 5.50% and a return on equity of 19.18%. On average, analysts expect Scor to post $0.47 EPS for the current fiscal year and $0.47 EPS for the next fiscal year.

Scor Price Performance

SCRYY stock opened at $3.84 on Friday. The stock has a market capitalization of $6.89 billion, a PE ratio of 7.15 and a beta of 0.56. The company's 50-day moving average is $3.87 and its 200-day moving average is $3.80. Scor has a 1 year low of $2.95 and a 1 year high of $4.17.

Analyst Ratings Changes

Separately, UBS Group lowered Scor from a "hold" rating to a "sell" rating in a research report on Tuesday, August 18th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Scor has an average rating of "Hold".

Scor Company Profile

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its business is primarily organized around property and casualty reinsurance, as well as life and health reinsurance.

The company's property and casualty activities cover risks such as natural catastrophes, climate-related events, specialty lines, liability, marine, aviation and other commercial exposures. Through its life and health business, SCOR supports insurers with protection, longevity, mortality and health-related reinsurance solutions.

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