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.
Service Corp. (SCI) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.93 per share a year ago.
SCI's Q4 results are likely to reflect gains from a resilient business model and favorable demographics.
Evaluate the expected performance of Service Corp. (SCI) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Service Corporation International operates in a stable, predictable funeral home industry with significant growth potential through acquisitions due to its fragmented nature. Despite mixed recent financial performance, SCI's shares remain attractively priced, justifying a soft 'buy' rating. SCI's market share is only 16%, indicating substantial room for growth, especially in the U.S. where most assets are located.