SCI reports Q3 revenue up 1.2%, EPS $0.81; acquisition spend triples to $123M

SERVICE CORP INTERNATIONAL

2024-Q3 EPS reported $2.50 revenue$3,093,356,000

Revenue $1,014M (+$12.1M YoY); diluted EPS $0.81 vs $0.80; adjusted EPS $0.79 vs $0.78.
Net cash from operations $263.8M (+16% YoY); adjusted operating cash flow $269.0M (+18%).
Comparable core funeral sales average +2.1% in quarter.
Acquisition spend $123M for 10 funeral homes and 2 cemeteries; also $31M in real estate expansions.
CEO targets return to high end of 8-12% long-term growth framework in 2025.

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