Service Corporation International (SCI) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Good day, and welcome to the SCI First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. By pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. Note this event is being recorded. I would like to turn the conference over to SCI Mana ...

Core Insights - Service Corp. (SCI) reported revenue of $1.07 billion for the quarter ended March 2025, reflecting a year-over-year increase of 2.8% and a surprise of +1.94% over the Zacks Consensus Estimate of $1.05 billion [1] - Earnings per share (EPS) for the quarter was $0.96, up from $0.89 in the same quarter last year, resulting in an EPS surprise of +6.67% compared to the consensus estimate of $0.90 [1] Financial Performance Metrics - Total comparable funeral average revenue per service was $5,748, slightly above the estimated $5,720.04 [4] - The number of funeral services performed was 97,854, exceeding the average estimate of 92,544 [4] - Cemetery revenues were reported at $434.70 million, below the average estimate of $446.38 million, representing a year-over-year decline of -1.3% [4] - Funeral revenues reached $639.50 million, surpassing the estimated $607.33 million, marking a year-over-year increase of +5.8% [4] - Gross profit from cemetery services was $137.40 million, lower than the average estimate of $143.59 million [4] - Gross profit from funeral services was $154 million, exceeding the average estimate of $132.71 million [4] Stock Performance - Over the past month, shares of Service Corp. have returned -1%, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Carriage Services (CSV) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this provider of funeral and cemetary services and products would post earnings of $0.51 per share when it actually produced earnings of $0.62, delivering a surprise of 21. ...

Core Viewpoint - Matthews International reported quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.36 per share, and down from $0.69 per share a year ago [1][2] Financial Performance - The company experienced an earnings surprise of -5.56% for the quarter, and previously, it had a significant earnings surprise of -46.15% when it reported $0.14 per share against an expectation of $0.26 per share [2] - Revenues for the quarter were $427.63 million, missing the Zacks Consensus Estimate by 1.79%, and down from $471.22 million year-over-year [3] - Over the last four quarters, Matthews International has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2][3] Stock Performance - Matthews International shares have declined approximately 22.4% since the beginning of the year, compared to a decline of -5.5% for the S&P 500 [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $427 million, and for the current fiscal year, it is $1.73 on revenues of $1.74 billion [8] - The outlook for the Funeral Services industry, where Matthews International operates, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable environment for performance [9]

Service Corp. (SCI) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this funeral home and cemetery operator would post earnings of $1.05 per share when it actually produced earnings of $1.06, delivering a surprise of 0.95%.Over the last four ...

Conference call on Thursday, May 1, 2025 at 8:00 a.m. Central TimeHOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the first quarter ended March 31, 2025. Company Highlights: GAAP net income growth of $14.0 million or 200.1% over the prior year quarter;GAAP diluted EPS of $1.34 and adjusted diluted EPS of $0.96, compared to $0.45 and $0.75 in the prior year quarter, a growth of 197.8% and 28.0%, respectively;Total funeral operating rev ...

Core Viewpoint - Service Corporation International (SCI) is expected to show growth in both revenue and earnings for the first quarter of 2025, with revenue estimates at $1.05 billion and earnings per share at 90 cents, reflecting increases from the previous year [1][2]. Group 1: Revenue and Earnings Estimates - The Zacks Consensus Estimate for SCI's revenues is $1.05 billion, indicating a 0.8% increase from the prior-year quarter [1]. - The consensus estimate for quarterly earnings per share is 90 cents, suggesting a 1.1% increase from the figure reported in the year-ago quarter [1]. - The Cemetery segment is projected to generate revenues of $446.4 million, up from $440.6 million in the previous year, while the Funeral segment is expected to contribute $607.3 million, slightly up from $604.7 million [3]. Group 2: Business Model and Strategic Positioning - SCI benefits from a recession-resilient business model and a diverse portfolio, including pre-need and at-need funeral and cemetery services [2]. - Favorable demographics, such as the aging baby boomer population and urbanization trends, position the company well for growth [2]. - Strategic investments in high-growth regions like California, Florida, and Texas, along with acquisitions of funeral homes and cemeteries, enhance SCI's service capabilities [2]. Group 3: Earnings Prediction and Market Position - The current Zacks Rank for SCI is 4 (Sell), and the Earnings ESP is 0.00%, indicating that the model does not predict an earnings beat this time [4]. - The company has a trailing four-quarter negative earnings surprise of 0.6% on average [1].

Core Viewpoint - Service Corporation International (SCI) is set to release its financial results for the first quarter of 2025 on April 30, 2025, followed by a conference call on May 1, 2025 [1][2] Company Overview - Service Corporation International, headquartered in Houston, Texas, is the leading provider of funeral, cemetery, and cremation services in North America, serving over 600,000 families annually [1] - The company operates a diversified portfolio of brands, offering a range of services from simple cremations to full life celebrations and personalized remembrances [1] - As of March 31, 2025, SCI owned and operated 1,489 funeral service locations and 496 cemeteries across 42 states, eight Canadian provinces, the District of Columbia, and Puerto Rico [1]