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SERVICE CORPORATION INTERNATIONAL ANNOUNCES THIRD QUARTER 2025 FINANCIAL RESULTS, CONFIRMS 2025 EARNINGS MIDPOINT AND RAISES 2025 CASH FLOW GUIDANCE
Prnewswire· 2025-10-29 20:15
Accessibility StatementSkip Navigation Conference call on Thursday, October 30, 2025, at 8:00 a.m. Central Time. HOUSTON, Oct. 29, 2025 Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the third quarter of 2025. Third  Quarter Highlights: Tom Ryan, the Company's Chairman and CEO, commented on the third quarter performance: "We are proud to report adjusted earnings per share of $0.87 and net cash provided by ...
Service Corporation International Announces Schedule For Third Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-10-16 15:37
Accessibility StatementSkip Navigation HOUSTON, Oct. 16, 2025 /PRNewswire/ -- Service Corporation International (NYSE:Â SCI) announced it expects to issue a press release with financial results for the third quarter 2025 on Wednesday, October 29, 2025. A conference call will be hosted by SCI Management on Thursday, October 30, 2025. Details of the conference call are as follows:Â (877) 344-7529, International callers at (412) 317-0088, Code – 5177797 available through SERVICE CORPORATION INTERNATIONAL ANNOU ...
SERVICE CORPORATION INTERNATIONAL ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTS, CONFIRMS 2025 EARNINGS PER SHARE GUIDANCE AND RAISES 2025 CASH FLOW GUIDANCE
Prnewswire· 2025-07-30 20:15
Core Insights - Service Corporation International (SCI) reported a strong second quarter performance with adjusted earnings per share of $0.88, reflecting an 11% increase year-over-year [2][8] - The company experienced a 14.8% growth in comparable funeral gross profit, driven by higher funeral revenue and effective cost management [2][26] - Cemetery segment sales production increased by 5.3%, contributing to modest revenue growth, with future benefits expected from undeveloped property sales [3][26] Financial Performance - Total revenue for the second quarter of 2025 was $1,065.4 million, up from $1,034.0 million in the same quarter of 2024, marking a $31.4 million increase [5][8] - Operating income rose to $224.5 million compared to $220.8 million in the prior year [5] - Net income attributable to common stockholders was $122.9 million, an increase from $118.2 million in the second quarter of 2024 [5][8] Earnings and Cash Flow - Diluted earnings per share increased to $0.86 from $0.81 year-over-year, while adjusted diluted earnings per share rose to $0.88 from $0.79 [5][9] - Net cash provided by operating activities was $166.5 million, down from $196.9 million in the prior year, primarily due to an increase in cash taxes paid [8][9] - Excluding special items, net cash provided by operating activities increased by over 14% [8][9] Guidance and Outlook - The company confirmed its 2025 earnings per share guidance range of $3.70 to $4.00 and raised its cash flow outlook to $880 million to $940 million [6][7] - The anticipated long-term growth framework for diluted earnings per share from continuing operations is expected to be within 8%-12% [6][7] Segment Performance - Comparable funeral revenue increased by $15.2 million, or 2.7%, driven by a $7.9 million increase in core funeral revenue [21][26] - Comparable cemetery revenue showed a slight increase, with total recognized preneed revenue at $323.0 million, down from $325.1 million [25][26] - The core cremation rate improved to 57.1%, reflecting a 20 basis point increase [26]
Service Corporation International Announces Schedule For Second Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-07-17 14:44
Group 1 - Service Corporation International (SCI) will release its financial results for Q2 2025 on July 30, 2025 [1] - A conference call to discuss the earnings will take place on July 31, 2025, at 8:00 a.m. Central Time [1] - The conference call can be accessed via dial-in numbers or through a live webcast on SCI's website [1] Group 2 - SCI is North America's leading provider of funeral, cemetery, and cremation services, serving over 600,000 families annually [2] - As of June 30, 2025, SCI operates 1,485 funeral service locations and 498 cemeteries across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico [2] - The Dignity Memorial® brand is recognized for its professionalism and compassion in providing a range of services from simple cremations to personalized remembrances [2]
SERVICE CORPORATION INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND AND INCREASES SHARE REPURCHASE AUTHORIZATION
Prnewswire· 2025-05-06 15:26
Core Points - Service Corporation International (SCI) announced a quarterly cash dividend of $0.32 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025 [1] - The Board of Directors has increased the authorized level of share repurchases by approximately $528 million, bringing the total current share repurchase authority to $600 million [2] - SCI is the largest provider of deathcare products and services in North America, serving over 600,000 families annually with a diversified portfolio of brands [4] Company Overview - SCI is headquartered in Houston, Texas, and operates 1,489 funeral service locations and 496 cemeteries across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico [4] - The company offers a full range of services from simple cremations to full life celebrations, with its Dignity Memorial® brand recognized for professionalism and compassion [4]
SERVICE CORPORATION INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND AND INCREASES SHARE REPURCHASE AUTHORIZATION
Prnewswire· 2025-05-06 15:26
Core Points - Service Corporation International (SCI) announced a quarterly cash dividend of $0.32 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025 [1] - The Board of Directors has increased the authorized level of share repurchases by approximately $528 million, bringing the total current share repurchase authority to $600 million [2] - SCI is the largest provider of deathcare products and services in North America, serving over 600,000 families annually with a diversified portfolio of brands [4] Company Overview - SCI is headquartered in Houston, Texas, and operates 1,489 funeral service locations and 496 cemeteries across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico [4] - The company offers a full range of services from simple cremations to full life celebrations and personalized remembrances under its Dignity Memorial® brand [4]
SERVICE CORPORATION INTERNATIONAL ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS AND CONFIRMS 2025 GUIDANCE
Prnewswire· 2025-04-30 20:15
Core Insights - Service Corporation International (SCI) reported an 8% growth in adjusted earnings per share and strong adjusted operating cash flows for Q1 2025, driven by performance in the funeral segment and effective cost management [3][6][9] - The company remains committed to its long-term growth strategy, focusing on revenue growth, leveraging scale, and capital investment to enhance shareholder value [4][9] Financial Performance - Revenue for Q1 2025 was $1,074.2 million, up from $1,045.4 million in Q1 2024, representing a growth of $28.8 million [5][6] - Operating income increased to $251.7 million from $232.2 million year-over-year [5][6] - Net income attributable to common stockholders rose to $142.9 million, compared to $131.3 million in the prior year [5][6] - Diluted earnings per share (EPS) was $0.98, a 10% increase from $0.89 in Q1 2024, while adjusted EPS was $0.96, reflecting an 8% growth [5][6][8] Cash Flow and Capital Management - Net cash provided by operating activities reached $311.1 million, up from $220.1 million in the same quarter last year [5][8][33] - The company plans to invest in capital improvements, cemetery property development, and digital investments, with total capital expenditures projected at $315 million for 2025 [10][33] Segment Performance - The funeral segment saw a 1.8% increase in comparable total funeral services performed and a 2.3% rise in average revenue per funeral [6][21] - The cemetery segment is focusing on production, with ongoing development expected to benefit future periods [3][4] - Comparable cemetery revenue decreased by $7.8 million, or 1.8%, primarily due to a decline in core revenue [30][34] Outlook - The company maintains its 2025 guidance for diluted EPS from continuing operations, expecting growth within the long-term framework of 8%-12% [9][10] - The anticipated diluted EPS for 2025 is projected to be between $3.70 and $4.00 [10]