Scor (SCRYY) Projected to Post Quarterly Earnings on Friday

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

Scor (OTCMKTS:SCRYY) last announced its earnings results on Wednesday, May 7th. The financial services provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $4.69 billion. Scor had a negative return on equity of 1.46% and a negative net margin of 0.42%. 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

Shares of OTCMKTS:SCRYY opened at $2.97 on Wednesday. The company has a market cap of $5.33 billion, a P/E ratio of -74.25 and a beta of 0.75. Scor has a one year low of $1.82 and a one year high of $3.47. The business’s 50-day simple moving average is $2.88 and its 200 day simple moving average is $2.63.

Scor Cuts Dividend

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

Analyst Upgrades and Downgrades

SCRYY has been the topic of several analyst reports. UBS Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 31st. Barclays upgraded Scor to a “hold” rating in a report on Tuesday, January 28th. Royal Bank of Canada reiterated an “outperform” rating on shares of Scor in a report on Thursday, March 6th. Finally, The Goldman Sachs Group upgraded Scor to a “strong-buy” rating in a report on Monday, March 24th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Scor presently has an average 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.