Loading...
•
Dec 31, 2024
Service Corp Intl Q4 2024 Earnings Report
Key Takeaways
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.
Revenue by Segment
Forward Guidance
SCI expects continued revenue and EPS growth in 2025, with guidance aligning with its long-term 8%-12% growth framework.
Positive Outlook
- Midpoint of adjusted EPS guidance at $3.85 aligns with long-term growth framework.
- Preneed cemetery sales production showing continued strength.
- Ongoing cost management efforts improving margins.
- Strong operating cash flow allowing for strategic acquisitions and investments.
- Cemetery property development investment planned at $160M for future growth.
Challenges Ahead
- Funeral services performed declined YoY, reflecting industry trends.
- Higher restructuring charges impacted net income in Q4.
- Legal settlement payments affecting operating cash flow in short term.
- Increased maintenance costs due to natural disasters at some locations.
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...