Scout24 (SCOTF) Projected to Release Quarterly Earnings on Thursday

Scout24 (OTCMKTS:SCOTF) is expected to issue its resultson Thursday, August 6th. Analysts expect Scout24 to post earnings of $0.3399 per share and revenue of $217.3160 million for the quarter.

Scout24 Stock Performance

SCOTF opened at $83.23 on Thursday. The firm has a 50-day moving average price of $84.65 and a 200-day moving average price of $100.47. Scout24 has a twelve month low of $81.30 and a twelve month high of $85.00.

Analyst Ratings Changes

A number of research firms recently weighed in on SCOTF. The Goldman Sachs Group assumed coverage on shares of Scout24 in a research note on Thursday, June 4th. They issued a “buy” rating for the company. Citigroup restated a “buy” rating on shares of Scout24 in a research report on Wednesday, May 27th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

About Scout24

Scout24 AG is a Germany-based operator of digital marketplaces specializing in real estate and automotive sectors. Headquartered in Munich, the company’s flagship platforms include ImmobilienScout24, a leading online property portal in Germany and Austria, and AutoScout24, one of Europe’s largest online marketplaces for new and used vehicles. These platforms connect private individuals, brokers and dealers with prospective buyers through searchable listings, digital marketing tools and ancillary services such as valuation modules and financing calculators.

Founded in 1998 as ImmobilienScout GmbH and rebranded to Scout24 AG in 2004, the company has expanded its footprint to serve multiple European markets.