Core Insights - Service Corporation International (SCI) has a trailing four-quarter earnings surprise of 6.1% on average and delivered a 4.7% earnings surprise in the last reported quarter [1][2]. Financial Performance - The Zacks Consensus Estimate for SCI's quarterly revenues is pegged at $1.01 billion, indicating a slight decline from the prior-year quarter's reported figure [12]. - The consensus estimate for quarterly earnings has remained unchanged at 86 cents per share, suggesting a year-over-year growth of 3.6% [7]. - The Cemetery segment is expected to generate revenues of $456.2 million, reflecting a 1.8% increase compared to the same quarter last year [8]. Market Conditions - Adverse impacts from moderation in consumer discretionary spending amid an inflationary environment and higher interest rates pose threats to the company's performance [2]. - The company carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%, indicating no clear prediction for an earnings beat this time [3][9]. Comparisons with Other Companies - Clorox (CLX) is expected to report a decline in both top and bottom lines, with quarterly revenues estimated at $1.97 billion, a 2.4% decrease from the prior-year quarter [4]. - Coty (COTY) has a positive Earnings ESP of +22.73% and is expected to see a 400% surge in earnings compared to the year-ago quarter [10]. - Procter & Gamble (PG) is likely to register top-line growth with a consensus revenue estimate of $20.72 billion, suggesting a 0.8% increase from the previous year [17].
Service Corporation (SCI) Q2 Earnings Coming Up: Factors to Note