Scor (OTCMKTS:SCRYY) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Scor (OTCMKTS:SCRYY) released its earnings results on Friday. The financial services provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01, Zacks reports. Scor had a return on equity of 19.18% and a net margin of 5.50%.

Scor Stock Performance

OTCMKTS:SCRYY traded up $0.23 during mid-day trading on Friday, reaching $3.95. The stock had a trading volume of 342 shares, compared to its average volume of 8,156. Scor has a twelve month low of $2.95 and a twelve month high of $4.17. The business has a 50 day simple moving average of $3.83 and a 200 day simple moving average of $3.68. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 7.31 and a beta of 0.56.

Wall Street Analyst Weigh In

Separately, UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Two 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.com, Scor has an average 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.