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]