---
schema_version: "secwatch.filing_event.v1"
accession: "0000089089-23-000030"
form_type: "8-K"
ticker: "SCI"
cik: "0000089089"
company_name: "SERVICE CORP INTERNATIONAL"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:53:37.842377+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000089089-23-000030
- form_type: 8-K
- ticker: SCI
- cik: 0000089089
- company_name: SERVICE CORP INTERNATIONAL
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89089/000008908923000030/0000089089-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89089/000008908923000030/sci-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000089089-23-000030
- JSON: https://secwatch.observer/filing/0000089089-23-000030.json
- Plain text: https://secwatch.observer/filing/0000089089-23-000030.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/89089/000008908923000030/0000089089-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.