SCI Q2 Earnings: Revenue Hits $1.10B, EPS $0.90, Cash Flow Guidance Lifted by $50M
SCI sits 26% above its 52-week low of $68.41 on light trading volume (0.3× avg).
Summary
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.
Key Events · Earnings and Guidance · SCI
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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.
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Cash Flow Guidance Raised by $50M
Management increased 2026 cash flow guidance by $50 million, reflecting strong operating performance and trust fund income.
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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.
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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.
Analysis · 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.
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In the 30 days to Sep 17, 2026, 29.6% of the 1742 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SCI was trading at $86.09 on NYSE in the Trade & Services sector, with a market capitalization of approximately $11.9B. The 52-week trading range was $68.41 to $90.99. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.