secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0000089089-24-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI Q4 revenue $1.056B (+2.7% YoY), adj EPS $0.93; FY2024 EPS guidance $3.50-$3.80
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- Q4 revenue $1,055.8M (+$28M YoY); GAAP EPS $0.93 vs $0.59; adj EPS $0.93 vs $0.92.
- FY2023 revenue $4,099.8M (flat YoY); GAAP EPS $3.53; adj EPS $3.47 (vs $3.80 prior year).
- FY2024 adjusted EPS guidance range $3.50-$3.80, midpoint above 2023 adj EPS of $3.47.
- Comparable preneed cemetery sales production up 9.4% in Q4; preneed funeral sales up 4.2%.
- Q4 operating cash flow $277.6M vs $170.3M; FY $869M vs $825.7M; adj operating cash flow FY $882.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000006/0000089089-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000006/sci-20240212.htm
  HTML page:      https://secwatch.observer/filing/0000089089-24-000006

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