SCOR Earnings Beat, Revenue Misses In Q1

SCOR Earnings Beat, Revenue Misses In Q1

Apr 30, 2020

SCOR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

SCOR announced earnings per share of €0.87 on revenue of €4.11B. Analysts polled by anticipated EPS of €0.71 on revenue of €4.25B. That with comparison to EPS of €0.71 on revenue of €3.99B in the same period a year before. SCOR had reported EPS of €0.11 on revenue of €4.29B in the previous quarter. Analysts are expecting EPS of €0.9 and revenue of €3,805M in the upcoming quarter.

SCOR shares are down 29% from the beginning of the year , still down 34.05% from its 52 week high of €40.18 set on July 5, 2019. They are under-performing the STOXX 600 which is down 16.66% year to date.

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