SCI Q3 2022 EPS beats estimates; raises full-year 2022 guidance

SERVICE CORP INTERNATIONAL

2022-Q3 EPS reported $2.93 revenue$3,080,978,000

GAAP EPS $0.76, adjusted EPS $0.68; revenue $977.7M vs $1,034.4M in prior year.
Net cash from operations $182.6M; adjusted operating cash flow raised $40M to $815M midpoint for FY 2022.
Full-year 2022 adjusted EPS guidance midpoint raised by $0.20 to $3.70.
Cemetery preneed sales up 5% YoY; funeral services performed ~5% above 2019 on CAGR basis.
Operating income $203.4M; net income $120.9M; diluted shares 159.1M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SERVICE CORP INTERNATIONAL reported Nine months ended September 30, 2022 results: revenue $ 3,081.0, net income $ 473.0, EPS $ 2.93. Guidance raised.

Period: Nine months ended September 30, 2022
Revenue: $ 3,081.0
Net income: $ 473.0
EPS: $ 2.93
Guidance: raised
Result: reported results

Exact text from the filing

Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Revenue $ 977.7 $ 1,034.4 $ 3,081.0 $ 3,099.9 Operating income $ 203.4 $ 304.3 $ 760.4 $ 892.2 Net income attributable to common stockholders $ 120.9 $ 209.9 $ 473.0 $ 596.4 Diluted earnings per share $ 0.76 $ 1.23 $ 2.93 $ 3.49

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SERVICE CORP INTERNATIONAL reported Three months ended September 30, 2022 results: revenue $ 977.7, net income $ 120.9, EPS $ 0.76. Guidance raised.

Period: Three months ended September 30, 2022
Revenue: $ 977.7
Net income: $ 120.9
EPS: $ 0.76
Guidance: raised
Result: reported results

Exact text from the filing

Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Revenue $ 977.7 $ 1,034.4 $ 3,081.0 $ 3,099.9 Operating income $ 203.4 $ 304.3 $ 760.4 $ 892.2 Net income attributable to common stockholders $ 120.9 $ 209.9 $ 473.0 $ 596.4 Diluted earnings per share $ 0.76 $ 1.23 $ 2.93 $ 3.49

View on SEC.gov

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Source: SEC EDGAR

accession 0000089089-22-000065

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