Service International(SCI)

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Service International(SCI) - 2024 Q2 - Earnings Call Transcript
2024-08-01 18:51
Service Corporation International (NYSE:SCI) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Allie O'Connor - IR Thomas Ryan - Independent Trust Manager Eric Tanzberger - Independent Director Conference Call Participants Joanna Gajuk - Bank of America Merrill Lynch Parker Snure - Raymond James & Associates Tobey Sommer - Truist Securities A.J. Rice - UBS Scott Schneeberger - Oppenheimer Operator Good day, and welcome to the SCI Second Quarter 2024 Earnings Conference Call. [O ...
Service Corporation (SCI) Q2 Earnings Lag, Funeral Services Down
ZACKS· 2024-08-01 15:40
Service Corporation International (SCI) posted second-quarter 2024 results, with the top line increasing year over year and beating the Zacks Consensus Estimate. However, the bottom line declined year over year and missed the consensus mark. Quarter in Detail SCI posted adjusted earnings of 79 cents per share, which missed the Zacks Consensus Estimate of 86 cents. The metric declined from the year-ago quarter's earnings of 83 cents. While increased gross profit from the cemetery segment and a lower share co ...
Here's What Key Metrics Tell Us About Service Corp. (SCI) Q2 Earnings
ZACKS· 2024-08-01 01:30
For the quarter ended June 2024, Service Corp. (SCI) reported revenue of $1.03 billion, up 2% over the same period last year. EPS came in at $0.79, compared to $0.83 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +2.06%. The company delivered an EPS surprise of -8.14%, with the consensus EPS estimate being $0.86. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...
Service Corp. (SCI) Lags Q2 Earnings Estimates
ZACKS· 2024-07-31 23:05
Service Corp. (SCI) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -8.14%. A quarter ago, it was expected that this funeral home and cemetery operator would post earnings of $0.85 per share when it actually produced earnings of $0.89, delivering a surprise of 4.71%. Over the last fou ...
Service International(SCI) - 2024 Q2 - Quarterly Results
2024-07-31 20:38
RVICE CORPORATION INTERNATIONAL NNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Conference call on Thursday, August 1, 2024, at 8:00 a.m. Central Time. HOUSTON, Texas, July 31, 2024 . . . Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the second quarter of 2024. Second Quarter Highlights: Revenue grew $20.6 million over the second quarter of 2023 l Earnings per share was $0.81 compared to $0.86 in the second ...
SERVICE CORPORATION INTERNATIONAL ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-07-31 20:20
Conference call on Thursday, August 1, 2024, at 8:00 a.m. Central Time. HOUSTON, July 31, 2024 /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 2024. Second Quarter Highlights: Revenue grew $20.6 million over the second quarter of 2023 Earnings per share was $0.81 compared to $0.86 in the second quarter of 2023 Adjusted earnings per share was $0.79 compared to $0.83 in the ...
Service Corporation (SCI) Q2 Earnings Coming Up: Factors to Note
ZACKS· 2024-07-29 17:05
This deathcare products and services company has a trailing four-quarter earnings surprise of 6.1%, on average. SCI delivered an earnings surprise of 4.7% in the last reported quarter. However, adverse impacts stemming from moderation in consumer discretionary spending amid an inflationary environment might have been a hurdle. Also, prevalent higher interest rates are a threat to the company's performance. Service Corporation carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. Clorox (CLX) currently h ...
Service Corporation International: Thoughts On Where Fair Value Might Be
Seeking Alpha· 2024-07-28 17:47
D-Keine One company that will always have a special place in my heart is Service Corporation International (NYSE:SCI). Even though it may seem odd for a funeral home and cemetery owner/operator to strike an emotional chord with someone, the company was not only one of the first five firms that I ever bought shares in, it was also the subject of a major research report that I wrote in graduate school. The last article that I wrote about the company was published approximately one year ago, in July of 2023. A ...
Service Corporation (SCI) Thrives on Cemetery Unit, Growth Drive
ZACKS· 2024-07-23 15:50
Service Corporation International (SCI) appears poised for growth due to strength in its Cemetery segment and its focus on expansion. Shares of this provider of deathcare products and services have risen 9.1% in the past six months compared with the industry's growth of 5.7%. Service Corporation has been seeing a rise in Cemetery segment revenues for a while now. In the first quarter of 2024, consolidated Cemetery revenues came in at $440.6 million, up from $419 million reported in the year-ago quarter. Com ...
Service Corporation International Announces Schedule For Its Second Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-07-17 17:14
What: Service Corporation International Second Quarter 2024 Earnings Conference Call (877) 344-7529, International callers at (412) 317-0088, Code – 4764590 available through August 8, 2024, and the webcast for at least 90 days through our website at www.sci-corp.com in the Investors section under "Webcasts and Events" SOURCE Service Corporation International When: Thursday, August 1, 2024, at 8:00 a.m. Central Time Contact: Sandy Bobo at (713) 525-5395 HOUSTON, July 17, 2024 /PRNewswire/ -- Service Corpora ...