secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0000089089-23-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908923000030/0000089089-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908923000030/sci-20230501.htm
  HTML page:      https://secwatch.observer/filing/0000089089-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer