Scor (SCRYY) Set to Announce Earnings on Friday

Scor (OTCMKTS:SCRYY) will likely be issuing its results before the market opens on Friday, October 30th. Analysts expect Scor to announce earnings of $0.12 per share and revenue of $4.19 billion for the quarter.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.25 billion. 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 Stock Performance

Shares of OTCMKTS SCRYY opened at $3.75 on Wednesday. The firm has a 50 day moving average of $3.85 and a 200 day moving average of $3.68. Scor has a 12-month low of $2.95 and a 12-month high of $4.17.

Analyst Upgrades and Downgrades

Separately, UBS Group downgraded shares of Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Scor presently has a consensus rating of “Hold”.

About Scor

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.