secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000089089-22-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908922000065/0000089089-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908922000065/sci-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000089089-22-000065

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