Investing.com - SCOR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SCOR announced earnings per share of €0.64 on revenue of €4.55B. Analysts polled by Investing.com anticipated EPS of €0.5386 on revenue of €3.92B.
SCOR shares are up 7% from the beginning of the year and are trading at €29.53 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.12% from the start of the year.
SCOR shares gained 1.72% in intra-day trade the report.
SCOR follows other major Financial sector earnings this month
SCOR's report follows an earnings missed by BNP Paribas on Tuesday, February 8, 2022, who reported EPS of €1.62 on revenue of €11.23B, compared to forecasts EPS of €1.63 on revenue of €11.36B.
Societe Generale had beat expectations on Thursday, February 10, 2022 with fourth quarter EPS of €1.46 on revenue of €6.62B, compared to forecast for EPS of €1.05 on revenue of €6.16B.
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