secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000089089-24-000087
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI Q1 2024 EPS $0.89 (down 4% YoY); revenue up 1.6%; reaffirms 2024 guidance
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- Revenue $1,045.4M (+1.6% YoY); net income $131.3M vs $144.8M; diluted EPS $0.89 vs $0.93.
- Net cash from operating activities $220.1M vs $219.6M; comparable preneed cemetery sales +7.8%.
- Comparable core funeral sales average +3.9%; diluted shares 147.9M (down 5% YoY on buyback).
- Management confirms full-year 2024 guidance; Chairman highlights cemetery segment and funeral average strength.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000087/0000089089-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000087/sci-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000089089-24-000087

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