Scor (SCRYY) Projected to Post Quarterly Earnings on Friday

Scor (OTCMKTS:SCRYY) is expected to release its earnings data on Friday, May 16th. Analysts expect Scor to post earnings of $0.07 per share and revenue of $5.15 billion for the quarter.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Scor had a negative return on equity of 1.46% and a negative net margin of 0.42%. The company had revenue of $5.58 billion during the quarter, compared to analyst estimates of $4.69 billion. On average, analysts expect Scor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Scor Stock Performance

OTCMKTS:SCRYY opened at $2.97 on Wednesday. Scor has a 1 year low of $1.82 and a 1 year high of $3.47. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of -74.25 and a beta of 0.75. The business has a fifty day moving average of $2.88 and a 200-day moving average of $2.63.

Scor Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, May 2nd will be paid a $0.1375 dividend. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 4.32%. Scor’s payout ratio is -300.00%.

Analyst Ratings Changes

SCRYY has been the subject of several recent analyst reports. UBS Group cut Scor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 31st. The Goldman Sachs Group raised Scor to a “strong-buy” rating in a research note on Monday, March 24th. Royal Bank of Canada reissued an “outperform” rating on shares of Scor in a research note on Thursday, March 6th. Finally, Barclays raised Scor to a “hold” rating in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

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.