secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000089089-23-000049
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI Q2 adjusted EPS $0.83 vs $0.84 YoY; narrows FY guidance to $3.40-3.60
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908923000049/0000089089-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908923000049/sci-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000089089-23-000049

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