SCI Stock Recent News

The headline numbers for Service Corp. (SCI) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Service Corporation's (SCI) fourth-quarter 2023 results are likely to reflect softness in its Funeral business. Also, the company is not immune to an inflationary environment.

Beyond analysts' top -and-bottom-line estimates for Service Corp. (SCI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

HOUSTON, Texas , Jan. 29, 2024 /PRNewswire/ -- Service Corporation International (NYSE: SCI) announced it expects to issue a press release with financial results for the fourth quarter 2023 on Monday, February 12, 2024.  A conference call will be hosted by SCI Management on Tuesday, February 13, 2024.

Service Corporation (SCI) benefits from its expansion initiatives. Relatively stable demand for deathcare products has been working well.

Service Corporation (SCI) gains from growing Cemetery segment revenues. However, funeral volumes are expected to decline for 2023 due to the pull-forward impact of the pandemic.

Service Corporation International shares fell from their all-time high due to macroeconomic pressures. SCI has a very strong history of delivering growth and above-market shareholder returns. The company has multiple growth drivers including demographics and strategic M&A.

Service Corp. (SCI) reported earnings 30 days ago. What's next for the stock?

Service Corp's (SCI) holistic approach, balancing share repurchases and dividends, reflects its commitment to shareholders while maintaining financial sustainability.

Service Corporation's (SCI) third-quarter 2023 results reflect increased earnings and sales on growth across both segments.