Service Corp. (SCI) Lags Q2 Earnings Estimates

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 ...