secwatch.observer — SEC 8-K summary
======================================

Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000089089-24-000168
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000168/0000089089-24-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908924000168/sci-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000089089-24-000168

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