Service Corp Intl Earnings Reports

Service Corporation International delivered strong Q4 2024 results with revenue growth of 4% YoY, driven by higher cemetery and funeral sales. Adjusted EPS grew 14%, supported by gross profit expansion and cost efficiencies.

Service Corporation International reported a revenue increase of $12.1 million compared to Q3 2023, with adjusted earnings per share at $0.79. The company saw positive impacts from a new marketing agreement and maintained stable gross profit margins while actively pursuing acquisitions.

Service Corporation International (SCI) reported its second quarter 2024 financial results, with revenue growth of $20.6 million compared to the second quarter of 2023. Adjusted earnings per share were reported as $0.79. The company experienced a decline in funeral services performed during the latter part of the quarter, which impacted their quarterly performance. However, they generated strong cash flow from operations, which allowed them to reinvest and grow their business, as well as return capital to shareholders through share repurchases and dividends.

Service Corporation International (SCI) reported its first quarter 2024 financial results, with revenue increasing by $16.7 million compared to the first quarter of 2023. EPS was reported at $0.89. The company's performance was driven by a strong cemetery segment, with preneed cemetery sales production growing by 7.8%.

Service Corporation International (SCI) announced its Q4 2023 financial results, revealing an increase in revenue to $1.1 billion and comparable preneed cemetery sales production growth of 9.4%. GAAP and adjusted earnings per share were $0.93. The company provided 2024 adjusted earnings per share guidance of $3.50 to $3.80.

Service Corporation International (SCI) announced strong financial results for the third quarter of 2023, marked by revenue exceeding $1.0 billion and a 15% increase in adjusted earnings per share. The company's performance was driven by growth in cemetery preneed revenue and effective cost management, despite a challenging consumer and interest rate environment.

Service Corporation International (SCI) announced its Q2 2023 financial results, revealing a slight revenue increase to just over $1.0 billion, but a decrease in adjusted earnings per share to $0.83. The company is adjusting its full-year adjusted earnings per share guidance due to inflationary pressures, while increasing its adjusted operating cash flow guidance due to a tax accounting method change.

Service Corporation International reported GAAP earnings per share of $0.93 and net cash provided by operating activities of $220 million for the first quarter of 2023. The company continues to exceed long-term growth expectations compared to the pre-pandemic first quarter of 2019.

Service Corporation International (SCI) reported its Q4 2022 financial results, with adjusted earnings per share exceeding expectations at $0.92. While this was below the prior year's quarter, which was significantly impacted by COVID-19, the company continues to experience some impact from COVID-19 as well as a higher number of other excess deaths. The company invested $89 million in acquisitions during the quarter, adding 14 funeral homes and 3 cemeteries.

Service Corporation International reported GAAP earnings per share of $0.76 and adjusted earnings per share of $0.68 for the third quarter of 2022. These results significantly exceeded expectations but are below the prior year quarter that was materially impacted by the effects of COVID-19. The company is raising its full year 2022 adjusted earnings guidance by 20 cents to $3.70 and the midpoint of its adjusted operating cash flow guidance by $40 million to $815 million.

Service Corporation International reported second quarter 2022 results with adjusted earnings per share of $0.84 and net cash provided by operating activities of $141 million. Revenue grew slightly to $991 million. The company confirmed its full year 2022 guidance for adjusted earnings and adjusted operating cash flow.

Service Corporation International reported a revenue of $1,112 million, a $34 million increase over the prior year quarter. Adjusted earnings per share grew $0.02 over the prior year quarter to $1.34. The company is raising the midpoint of its full year 2022 adjusted earnings guidance by 50 cents to $3.50 and the midpoint of its adjusted operating cash flow guidance by $75 million to $775 million.

Service Corporation International (SCI) reported strong Q4 2021 results, with revenue growing by 8% to $1,043 million and adjusted earnings per share increasing by $0.04 to $1.17. The company benefited from elevated levels of funeral services, burials, and preneed sales, while managing inflationary cost pressures. SCI invested $112 million in acquisitions and expressed pride in its team's performance during the COVID-19 pandemic.

Service Corporation International reported a strong third quarter with revenue of $1.03 billion and GAAP earnings per share of $1.23. Adjusted earnings per share grew 47% year-over-year to $1.16. The company raised its full-year adjusted earnings per share guidance by 95 cents to $4.30 and adjusted operating cash flow guidance by $150 million to $888 million.

Service Corporation International (SCI) announced its Q2 2021 financial results, with earnings per share of $0.92 and net cash provided by operating activities of $192 million. The company raised its full-year adjusted earnings per share guidance by $0.50 to $3.35 and adjusted operating cash flow guidance by $50 million to $737.5 million, driven by strong preneed cemetery property sales and funeral results.

Service Corporation International (SCI) reported a strong first quarter in 2021, with revenue increasing by $275 million to $1.1 billion. GAAP earnings per share were $1.33, and adjusted earnings per share grew $0.89 to $1.32. The company raised its full-year adjusted earnings per share guidance to $2.85 and adjusted operating cash flow guidance to $687.5 million.

Service Corporation International (SCI) announced fourth-quarter earnings per share of $1.15 and adjusted earnings per share of $1.13, a $0.53 increase over the prior year quarter. Revenue grew $120 million, or 14%, over the prior year quarter to $970 million. The growth was driven by elevated COVID-19 mortality, which resulted in an increase in both funeral services performed and burials in cemeteries.

Service Corporation International reported a revenue increase of $149 million and adjusted earnings per share of $0.79, a $0.42 increase over the prior year quarter. The impact of COVID-19 has increased the number of funeral services performed as well as the number of burials in our cemeteries. The company experienced unprecedented growth in preneed cemetery sales and a significant improvement in the number of families who are desiring memorial services.

Service Corporation International (SCI) reported a revenue increase of $7.4 million and adjusted earnings per share growth of $0.11, or 23%, over the prior year quarter. The increase in adjusted earnings per share was attributable to better than expected operating performance in our funeral and cemetery operations driven by an increase in core funeral revenue and effective cost management.

Service Corporation International (SCI) announced its Q1 2020 financial results, revealing a slight increase in revenue but a decrease in earnings per share due to the COVID-19 pandemic affecting preneed cemetery sales. The company emphasized its strong financial position and commitment to employee safety during the crisis.

Service Corporation International (SCI) reported Q4 2019 financial results, with GAAP earnings per share of $0.79 and adjusted earnings per share of $0.60, an 11% increase over the prior year quarter. Revenue reached $850.8 million, and the company provided an outlook for 2020 with expected adjusted earnings per share growth in the long-term targeted range of 8% to 12%.