Service International(US:SCI)2022-05-13 02:08Financial Performance Measures - Adjusted EPS for the three months ended March 31, 2022, was $1.34, based on a net income of $219.6 million, compared to $1.32 in 2021, based on a net income of $227.9 million[9] - Free cash flow for the three months ended March 31, 2022, was $284.2 million, compared to $264.0 million in 2021[13] - Net cash provided by operating activities for the three months ended March 31, 2022, was $332.2 million, compared to $297.6 million in 2021[13] Capital Expenditures - Capital improvements at existing operating locations for the three months ended March 31, 2022, were $37.4 million, compared to $24.1 million in 2021[13] - Development of cemetery property for the three months ended March 31, 2022, was $10.6 million, compared to $9.5 million in 2021[13] Financial Outlook for 2022 - The company projects an Adjusted EPS range of $3.30 to $3.70, with a midpoint of $3.50[15] - The company projects adjusted cash flow from operations range of $750 million to $800 million[15] - The company projects net cash provided by operating activities range of $930 million to $980 million, with a midpoint of $955 million[15] - The company projects capital improvements at existing locations & development of cemetery property of approximately $280 million, the midpoint of Adj EPS Guidance[15]