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SCOR SE (ADR) (SCRYY)
:SCRYY
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.12Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 0.72%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The quarter showed strong performance in P&C and investment returns, indicating resilience and strategic growth. However, challenges remain in the Life & Health sector and the overall economic value decline, which tempers the positive aspects.Company Guidance
In the SCOR Fourth Quarter 2024 Results Conference Call, several key metrics and financial highlights were discussed. SCOR reported a Q4 net income of €233 million, turning the full-year results positive despite the impact from a Life & Health review. Without the review, the group's full-year net income would have been €728 million, translating to a 14.9% return on equity (ROE). The group solvency ratio increased to 210%, up 7 points from Q3 and 1 point higher than the end of 2023, indicating resilience in the balance sheet. The P&C combined ratio for the full year was 86.3%, better than the Forward 2026 assumption of 87%, supported by a strong attritional performance and a 9.4% net cat ratio, below the 10% budget. The Los Angeles Fire was estimated to cost SCOR €140 million, representing 25% of their annual cat budget. The Life & Health segment showed an insurance service result (ISR) of minus €348 million for the year, impacted by the assumption review, though it improved to €119 million in Q4. Investments yielded a 3.5% return for the year, benefiting from high reinvestment rates in a high-quality fixed income portfolio. The Board proposed a dividend of €1.8 per share, aligned with the capital management framework and supported by a robust solvency ratio. SCOR's group economic value stood at €8.6 billion at year-end, down 6.3% at constant economics, yet excluding the Life & Health review, the economic value growth would have been 9.8%. The company also reported success in P&C renewals, with the EGPI growing by 9.6% at stable and attractive net combined ratios.Strong P&C Performance
P&C combined ratio for 2024 was 86.3%, better than the Forward 2026 assumption of 87%, driven by excellent attritional performance and a low nat cat ratio of 9.4%.
Increased Group Solvency Ratio
The group solvency ratio increased to 210%, a 7-point increase from Q3 2024 and 1 point higher than the end of 2023, demonstrating balance sheet resilience.
Successful P&C Renewals
P&C renewals grew by 9.6% at stable and attractive net combined ratios, leveraging SCOR's Tier 1 franchise.
Elevated Investment Returns
Investments achieved an elevated return with a regular income yield of 3.5%, benefiting from high reinvestment rates.
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SCRYY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SCRYY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $2.76 | $2.83 | +2.54% |
| Nov 14, 2024 | $2.17 | $2.38 | +9.68% |
| Jul 30, 2024 | $2.28 | $2.28 | 0.00% |
| May 17, 2024 | $3.37 | $3.29 | -2.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SCOR SE (ADR) (SCRYY) report earnings?
SCOR SE (ADR) (SCRYY) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is SCOR SE (ADR) (SCRYY) earnings time?
SCOR SE (ADR) (SCRYY) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SCRYY EPS forecast?
SCRYY EPS forecast for the fiscal quarter 2025 (Q1) is 0.13.
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