Scor (OTCMKTS:SCRYY) Issues Earnings Results, Beats Expectations By $0.01 EPS

Scor (OTCMKTS:SCRYY) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01, Zacks reports. Scor had a negative net margin of 0.42% and a negative return on equity of 1.46%.

Scor Stock Up 2.9 %

Scor stock opened at $2.81 on Wednesday. The firm has a 50 day moving average price of $2.56 and a 200-day moving average price of $2.37. Scor has a twelve month low of $1.82 and a twelve month high of $3.53. The company has a market capitalization of $5.05 billion, a P/E ratio of -70.25 and a beta of 1.31.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SCRYY. Keefe, Bruyette & Woods raised shares of Scor from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 19th. Barclays upgraded Scor to a “hold” rating in a research note on Tuesday, January 28th.

Scor Company Profile

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.