earnings
confidence high
sentiment neutral
materiality 0.70
SCI Q2 adjusted EPS $0.83 vs $0.84 YoY; narrows FY guidance to $3.40-3.60
SERVICE CORP INTERNATIONAL
2023-Q1 EPS reported
$1.80
revenue$2,042,123,000
- Revenue $1.01B, up $22.6M YoY; GAAP EPS $0.86 vs $0.82.
- Adjusted EPS $0.83 vs $0.84; FY adjusted EPS guidance narrowed to $3.40-3.60 from $3.45-3.75.
- FY adjusted operating cash flow guidance raised to $830M-$880M from $740M-$800M.
- Comparable core funeral sales average +4.2%; preneed funeral sales +3.8%.
- CEO cites 9c higher interest expense and inflationary headwinds for consumer.