Service Corp

Service Corp. International engages in the provision of funeral goods and services. It operates through the following business segments: Funeral and Cemetery. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization and catering. The Cemetery segment provides property interment rights, including lawn crypts, mausoleum spaces, niches, and interment options. The company was founded by Robert L. Waltrip in July 1962 and is headquartered in Houston, TX.

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Earnings data Q4 2024

Service Corp (SCI) reports strong 2022 earnings, eyes growth opportunities

Service Corp (SCI) delivered solid financial performance in 2022, with adjusted earnings per share of $3.80 and improved sales productivity.
While facing challenges in certain segments and expenses, the company's focus on consumer behavior and cost efficiencies is driving growth.
Opportunities lie in the expected growth in cemetery preneed sales, cost-saving measures, and strategic pricing amidst inflationary trends.
Overall, Service Corp (SCI) is well-positioned to navigate challenges and capitalize on opportunities for growth in 2023.

Service Corp (SCI) reports Q1 growth amidst cemetery revenue challenges

SCI's Q1 2023 performance showed resilience with adjusted earnings per share growth despite pandemic impacts.
While facing challenges in cemetery revenue and gross profits, the company is focusing on cost management and revenue growth opportunities.
Strengthened financial position, improved employee retention, and strategic capital deployment provide a foundation for future growth and stability.

Service Corp (SCI) reports steady Q2 earnings amidst funeral market shifts

SCI maintained earnings per share, saw growth in funeral and cemetery metrics, and adjusted its guidance for 2023. Challenges include expected declines in funeral volume and weather-related impacts on production. Opportunities lie in financing trends and stable sales to high-end consumers.

Service Corp (SCI) reports robust Q3 earnings and growth outlook

SCI's Q3 2023 performance showcased strong financials, with growth in adjusted EPS, cemetery revenue, and gross profits, despite challenges in funeral and cemetery sales volumes.
The company's focus on managing costs, cash flow, and investments positions it well for future growth and acquisitions, supported by a solid liquidity position.
Opportunities lie in sales growth, online strategies, and market expansion, while challenges include consumer behavior impacts and regulatory uncertainties.
SCI's strategic approach to financial management, market competition, and consumer offerings reflects a balanced outlook for sustained growth and profitability.

Service Corp (SCI) reports strong Q4 earnings, eyes margin growth

Service Corp (SCI) delivered solid financial performance in Q4, exceeding expectations in adjusted EPS and operating cash flow.
Despite challenges in funeral volumes and lower-end market activity, SCI's focus on margin enhancement and compliance presents growth opportunities.
The company's strategic investments, compliance efforts, and digital initiatives position it well for future market dynamics and regulatory changes.
SCI's strong revenue growth, margin improvement focus, and shareholder value enhancement strategies showcase a resilient and forward-looking approach.

Service Corp (SCI) reports Q1 2024 mixed performance and optimistic outlook

Service Corp (SCI) reported mixed financial performance in Q1 2024, with declines in adjusted earnings per share offset by revenue increases in core funeral and cemetery segments.
Despite challenges in funeral gross profit, the company remains resilient and optimistic about market share gains and growth prospects, supported by strategic investments and operational changes.
SCI faces challenges in addressing inflation impacts on low-end customers and managing cremation mix trends, but opportunities lie in potential market share gains and growth in funeral volumes.
Overall, SCI's focus on stability, strategic acquisitions, and customer-centric approaches position the company for long-term success, supported by a positive outlook for 2025 and ongoing efforts to drive operational efficiency.

Service Corp reports stable Q3 performance and anticipates growth

SCI's Q3 performance was stable, with growth in funeral segment revenues and increased cemetery gross profits, setting the stage for a positive outlook in Q4 2024 and beyond.
Despite challenges in preneed funeral sales and analyst scrutiny, the company's strong cash flow, resilience, and strategic acquisitions showcase its potential for growth.
Management's focus on stability, growth, and returning value to shareholders, along with anticipated improvements in cash flow, position SCI for a promising future.

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Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery segments. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization, and catering. The Cemetery segment provides property interment rights, including lawn crypts, mausoleum spaces, niches, and interment options. The company was founded by Robert L. Waltrip in July 1962 and is headquartered in Houston, TX.

HOUSTON, Oct. 14, 2021 /PRNewswire/ -- Service Corporation International (NYSE: SCI) announced it expects to issue a press release with financial results for the third quarter 2021 on Wednesday, October 27, 2021.  A conference call will be hosted by SCI Management on Thursday, October 28, 2021.

Service Corporation International Announces Schedule For Its Third Quarter 2021 Earnings Release and Conference Call

Times have been good for Service Corporation over the past few years and that remains largely true this year.

Service Corporation International: Business Is Good

Service Corporation (SCI) is in a robust shape, thanks to the stellar Cemetery segment revenues as well as stringent cost control.

Service Corporation (SCI) Looks Solid: Up More Than 15% in 3 Months

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Service Corp. (SCI) reported earnings 30 days ago. What's next for the stock?

Service Corp. (SCI) Up 0.3% Since Last Earnings Report: Can It Continue?

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Service Corporation (SCI).

Is Service Corporation (SCI) a Great Growth Stock?

Service Corporation (SCI) has been gaining on strong comparable preneed cemetery sales production and robust cost control.

Here's Why Service Corporation (SCI) Appears to be in Solid Shape

Service Corp. (SCI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Service Corp. (SCI) Run Higher on Rising Earnings Estimates?

Does Service Corp. (SCI) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Service Corp. (SCI) a Strong Momentum Stock: Buy Now?

Service Corporation's (SCI) second-quarter 2021 results reflect solid earnings and sales, on strength in comparable preneed cemetery sales production and comparable preneed funeral sales production.

Service Corporation's (SCI) Q2 Earnings Top Estimates, View Raised

Service Corporation International (SCI) CEO Tom Ryan on Q2 2021 Results - Earnings Call Transcript

Shares of Service Corp Intl (NYSE:SCI) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 58.62% year over year to $0.92, which beat the estimate of $0.67.

Service Corp Intl: Q2 Earnings Insights

HOUSTON, July 28, 2021 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the second quarter of 2021. Tom Ryan, the Company's President, Chairman, and Chief Executive Officer, commented on COVID-19 and second quarter results: "Today we are pleased to report earnings per share of $0.92 and net cash provided by operating activities of $192 million for the quarter.

Service Corporation International Announces Second Quarter 2021 Financial Results And Increases 2021 Guidance

Service Corporation's (SCI) second-quarter results are likely to reflect higher revenues from pandemic-led increased burials and funeral services performed, along with gains from solid cost control.

Service Corporation (SCI) Queued for Q2 Earnings: Things to Note

Service Corp. (SCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Service Corp. (SCI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HOUSTON, July 15, 2021 /PRNewswire/ -- Service Corporation International (NYSE: SCI) announced it expects to issue a press release with financial results for the second quarter 2021 on Wednesday, July 28, 2021.  A conference call will be hosted by SCI Management on Thursday, July 29, 2021.

Service Corporation International Announces Schedule For Its Second Quarter 2021 Earnings Release and Conference Call

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Service Corporation (SCI) has been benefiting from greater operations amid the pandemic, which led to increased mortality. Also, solid cost control has been a driver.

Service Corporation (SCI) Seems to be in a Good Spot: Here's Why

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High mortality rates amid the pandemic, along with inevitability of death in general, bode well for funeral service players like Service Corporation (SCI), Carriage Services (CSV), Hillenbrand (HI) and Matthews International (MATW).

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Service Corporation (SCI) is gaining on increased funeral services performed and greater burials in its cemeteries, especially amid the pandemic. Also, a robust cost structure is aiding.

Service Corporation (SCI) Looks Solid, Gains About 10% in 3 Months

Service Corp. (SCI) Down 5.8% Since Last Earnings Report: Can It Rebound?

Service Corporation (SCI) has been focused on boosting shareholder returns through dividend payments and share buybacks. The company boosts its repurchase authorization.

Service Corporation's (SCI) Shareholder-Friendly Moves Bode Well

SCI is in a stable industry with long-term tailwinds. Management is dedicated to conservatively returning capital to shareholders.

News for Service Corp Stock (SCI)