SCI Q2 Earnings: Revenue Hits $1.10B, EPS $0.90, Cash Flow Guidance Lifted by $50M

summarizeSummary

SCI posted Q2 revenue of $1.10B and adjusted EPS of $0.90, raised 2026 cash flow guidance by $50M, and continued aggressive share buybacks. Strong cemetery preneed sales and a $17.6B backlog underpin the outlook.

check_boxKey Events · Earnings and Guidance · SCI

• Q2 Revenue and EPS Beat

  Revenue of $1.10 billion and adjusted EPS of $0.90 exceeded expectations, with cemetery revenue up 5.1% and funeral revenue up 2.3% year-over-year.

• Cash Flow Guidance Raised by $50M

  Management increased 2026 cash flow guidance by $50 million, reflecting strong operating performance and trust fund income.

• Aggressive Share Repurchases Continue

  SCI repurchased 3.35 million shares for $264.9 million year-to-date at an average price of $79.04, with $567.5 million remaining under the expanded authorization.

• Cemetery Preneed Sales Surge 8%

  Comparable cemetery preneed sales production grew 8.0%, driving a $17.6 billion total backlog that provides long-term revenue visibility.

auto_awesomeAnalysis · SCI · Trade & Services

A solid second quarter for Service Corporation International saw revenue reach $1.10 billion and adjusted EPS come in at $0.90, topping expectations. Bolstered by robust cemetery preneed sales and trust fund income, the company raised its 2026 cash flow guidance by $50 million. The balance sheet remains in good shape — leverage of 3.77x sits comfortably below the 5.00x covenant — and year-to-date share repurchases totaled $264.9 million, with $567.5 million still available under the buyback authorization. A $17.6 billion preneed backlog provides long-term revenue visibility. The lone soft spot is funeral gross profit, pressured by higher selling compensation tied to strong preneed production, a near-term cost that seeds future revenue growth.