secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000089089-24-000132
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000132/0000089089-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000132/sci-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000089089-24-000132

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