Loading...
•
Mar 31, 2021
Service Corp Intl Q1 2021 Earnings Report
Service Corporation International reported strong Q1 2021 results, driven by increased preneed cemetery sales and elevated COVID-19 mortality.
Key Takeaways
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.
Revenue grew by $275 million to $1.1 billion compared to the prior year quarter.
GAAP earnings per share were $1.33.
Adjusted earnings per share increased by $0.89 to $1.32 compared to the prior year quarter.
Cemetery preneed sales grew by $130 million, or 67%.
Revenue by Segment
Forward Guidance
The company has a wider range for the twelve month period due to the continued uncertainty around the impact of the COVID-19 pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...