SCI Q2 EPS down 6% to $0.81; revenue up 2% to $1.034B

SERVICE CORP INTERNATIONAL

2024-Q2 EPS reported $1.69 revenue$2,079,398,000

Diluted EPS of $0.81 vs. $0.86 in Q2 2023; adjusted EPS $0.79 vs. $0.83.
Revenue grew $20.6M to $1.034B on cemetery segment strength and higher funeral average.
Net cash from operations rose to $196.9M from $144.1M; adjusted OCF $219.9M.
CEO cited higher-than-expected decline in funeral services performed pressuring results.
Comparable core preneed funeral sales production increased 4.0% ($9.7M).

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