Service Corporation International remains a 'buy' due to its industry leadership, stable growth, and strong long-term demographic tailwinds. The company's asset clustering strategy and fragmented market offer significant acquisition and cost-saving opportunities for continued expansion. Transition to insurance-funded pre-need contracts should improve margins and sales growth, with management guiding for stronger performance in 2026.
Service Corp. (SCI) reported earnings 30 days ago. What's next for the stock?
Service Corporation International (NYSE:SCI ) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants Trey Bocage - Director of Investor Relations and Strategic Finance Thomas Ryan - Chairman and CEO Eric Tanzberger - Executive Vice President, Chief Financial Officer Conference Call Participants Joanna Gajuk - Bank of America Scott Schneeberger - Oppenheimer A.J. Rice - UBS Tobey Sommer - Truist Securities Parker Snure - Raymond James Operator Good day, and welcome to the SCI First Quarter 2025 Earnings Conference Call.
SCI's first-quarter results reflect higher year-over-year revenues and earnings. Also, the gross margin expanded 90 basis points year over year to 27.1%.
The headline numbers for Service Corp. (SCI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Service Corp. (SCI) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.89 per share a year ago.
SCI's Q1 performance is likely to have gained from a resilient business model and favorable demographic trends.
Service Corporation International is well-positioned post-pandemic, benefiting from an aging population and potential corporate tax cuts, with a 'Strong Buy' rating and a fair value of $98 per share. The company experienced significant growth during the pandemic, and despite a recent decline, funeral volumes are expected to normalize, with cemetery revenue showing robust growth. Service Corporation's extensive US network enhances sales productivity and cost optimization, while potential tax cuts could significantly boost net income.
SCI announces a 6.7% dividend increase, reinforcing its commitment to shareholder value and financial strength.
Service Corporation International (NYSE:SCI ) Q4 2024 Earnings Conference Call February 13, 2024 9:00 AM ET Company Participants Alanna O'Connor - AVP of IR and Financial Reporting Thomas Ryan - Chairman and CEO Eric Tanzberger - CFO Conference Call Participants John Ransom - Raymond James Albert Rice - UBS Joanna Gajuk - Bank of America Daniel Hultberg - Oppenheimer Tobey Sommer - Truist Securities Operator Good morning, and welcome to the Service Corporation International Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Service Corporation's Q4 results reflect revenue growth across Cemetery and Funeral units and lower corporate, general and administrative costs.
The headline numbers for Service Corp. (SCI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.