SCI Q1 GAAP EPS $0.93, down 30% YoY; revenue $1.03B, declines 7.5%

SERVICE CORP INTERNATIONAL

2023-Q1 EPS reported $0.93 revenue$1,028,709,000

GAAP diluted EPS $0.93, down from $1.34 in prior-year quarter; special items negligible.
Revenue $1,028.7M, down 7.5% YoY; operating income $245.6M, down 26.8%.
Net cash from operations $219.6M, down from $332.2M in prior-year quarter.
Comparable funeral sales average up 2.4%; preneed funeral sales production up 8.1% ($24M).
Company confirms 2023 guidance; CEO cites adjusted EPS CAGR of 19% vs Q1 2019.

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 0.96

SERVICE CORP INTERNATIONAL reported first quarter of 2023 results: revenue $1,028.7, net income $144.8, EPS $0.93. Guidance reaffirmed.

Period: first quarter of 2023
Revenue: $1,028.7
Net income: $144.8
EPS: $0.93
Guidance: reaffirmed
Result: reported results

Exact text from the filing

of this press release. The table below summarizes our key financial results. (Dollars in millions, except for per share amounts) Three months ended March 31, 2023 2022 Revenue $ 1,028.7 $ 1,112.4 Operating income $ 245.6 $ 335.7 Net income attributable to common stockholders $ 144.8 $ 219.5 Diluted earnings per share $ 0.93 $ 1.34 Earnings excluding special items

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Source: SEC EDGAR

accession 0000089089-23-000030

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