Service Corp International Reports Q1 Adjusted EPS Miss, Revenue Meets Estimates
Summary
Service Corp International reported Q1 adjusted EPS of $0.97, missing analyst expectations of $1.005. However, the company's Q1 revenue of $1.10 billion met consensus estimates. Operationally, the company experienced lower funeral service volumes, which was partially offset by strong growth in cemetery preneed sales. Importantly, Service Corp International reaffirmed its full-year 2026 guidance, projecting diluted EPS of $4.05-$4.35 and net cash from operations of $1.125-$1.185 billion. For a company trading near its 52-week high, the EPS miss could introduce some volatility, but the maintained guidance provides a degree of stability. Traders will be watching the market's reaction to these mixed results and the company's commentary on its outlook.
At the time of this announcement, SCI was trading at $86.39 on NYSE in the Trade & Services sector, with a market capitalization of approximately $12B. The 52-week trading range was $74.14 to $88.67. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.