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Service Corporation International (SCI)
NYSE:SCI
Holding SCI?
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Earnings Data
Report Date
Feb 17, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.06Last Year’s EPS
0.93Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: 1.30%
|Next Earnings Date:Jul 30, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While the company achieved growth in adjusted earnings per share and made significant acquisitions, challenges were noted in preneed sales and cemetery revenue. The outlook for 2025 remains optimistic, suggesting potential recovery and growth.Company Guidance
During SCI's Q3 2024 earnings call, the company reported an adjusted earnings per share of $0.79, slightly up from $0.78 in the previous year. The quarter saw stable gross profits in both funeral and cemetery segments. The company made significant investments, spending $123 million on acquiring 10 funeral homes and 2 cemeteries, and an additional $31 million on real estate for expanding their existing markets. Preneed funeral sales decreased by 7%, while comparable core funeral revenue increased by $4 million, despite a 1% decline in funeral volumes. Cemetery gross profits rose by $1 million, achieving a 32% operating margin. SCI's outlook for Q4 2024 anticipates adjusted earnings per share between $1 and $1.10, with growth expectations of 8% to 18% year-over-year. For 2025, the company aims for a return to historical earnings per share growth of 8% to 12%, driven by stable funeral volumes and preneed cemetery sales growth.Adjusted Earnings Per Share Increase
Adjusted earnings per share increased to $0.79 from $0.78 in the prior year, despite challenges.
Significant Business Acquisitions
Invested $123 million in acquiring top-tier businesses, adding 10 funeral homes and 2 cemeteries.
Strong Cash Flow
Adjusted operating cash flow of $269 million, an increase of 18% over the prior year.
Cemetery Gross Profit Growth
Cemetery gross profits increased by $1 million with a 10 basis points margin improvement.
Optimistic Outlook for 2025
Expectations for earnings per share growth towards the higher end of 8% to 12%.
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SCI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SCI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $75.94 | $81.36 | +7.14% |
| Jul 31, 2024 | $79.33 | $74.18 | -6.49% |
| May 01, 2024 | $70.59 | $68.81 | -2.52% |
| Feb 12, 2024 | $67.10 | $68.69 | +2.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Service Corporation International (SCI) report earnings?
Service Corporation International (SCI) is schdueled to report earning on Feb 17, 2025, TBA Not Confirmed.
What is Service Corporation International (SCI) earnings time?
Service Corporation International (SCI) earnings time is at Feb 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SCI EPS forecast?
SCI EPS forecast for the fiscal quarter 2024 (Q4) is 1.06.
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