Investing.com - SCOR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SCOR announced earnings per share of €0.53 on revenue of €4.09B. Analysts polled by Investing.com anticipated EPS of €0.14 on revenue of €4.05B.
SCOR shares are up 6.28% from the beginning of the year and are trading at €28.74 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 3.39% from the start of the year.
SCOR shares gained 1.05% in intra-day trade the report.
SCOR follows other major Financial sector earnings this month
SCOR's report follows an earnings matched by BNP Paribas on February 5, who reported EPS of €1.01 on revenue of €10.83B, compared to forecasts EPS of €1.01 on revenue of €10.83B.
Credit Agricole had beat expectations on February 11 with fourth quarter EPS of €0.31 on revenue of €5.3B, compared to forecast for EPS of €0.1852 on revenue of €5.08B.
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