SCI Beats Q2 Estimates, Raises Cash Flow Outlook on Strong Funeral Pricing
SCI sits 28% above its 52-week low of $68.41.
Summary
Service Corporation International delivered a solid Q2 beat, with revenue of $1.10B and adjusted EPS of $0.90 topping consensus by $20M and $0.02 respectively. The outperformance was driven by higher average funeral pricing and strong cemetery preneed sales, offsetting a decline in service volumes. Management narrowed FY2026 adjusted EPS guidance to $4.10-$4.30, keeping the $4.20 midpoint, and raised cash flow guidance by $50M to $1,085M, signaling confidence in cash generation. This follows a series of shareholder-friendly moves this year, including a dividend hike and a boosted buyback program. The stock, trading near its 52-week high, reflects the market's favorable view of the deathcare provider's pricing power and capital returns.
At the time of this announcement, SCI was trading at $87.69 on NYSE in the Trade & Services sector, with a market capitalization of approximately $11.8B. The 52-week trading range was $68.41 to $88.67. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.