Service Corp International (SCI) Q2 2026: Beats on EPS and Revenue
As seen on the 24/7 Wall St. homepage on July 29, 2026.
Cemetery preneed sales surged 8% and operating cash flow jumped 43%, lifting the funeral and cemetery giant's full-year cash flow guidance by $50 million despite soft funeral volumes. Renewable energy tax credits worth $64 million offset higher preneed selling costs, pushing EPS to $0.90 and revenue to $1.10 billion, both ahead of consensus.
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Service Corp International posted Q2 2026 earnings per share of $0.90 against a consensus estimate of roughly $0.89, a beat of about 1.4%, while revenue came in at $1.10 billion versus an expected $1.08 billion. A $64 million renewable energy tax credit was a meaningful contributor to the bottom line, helping absorb elevated preneed selling costs that came with the company's strong cemetery sales push.
Cemetery preneed sales were the operational highlight, rising 8% in the quarter, while operating cash flow surged 43%. Those results gave management enough confidence to raise full-year cash flow guidance by $50 million, even as funeral volumes remained soft — a sign that the preneed and cemetery segments are carrying more of the growth story right now.
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Revenue of $1.10 billion represents a step up from the $1.07 billion reported in Q2 2025 and continues a pattern of solid year-over-year top-line growth visible across recent quarters. Investors will likely focus on whether funeral volume weakness persists and how much of the renewable energy tax credit benefit is repeatable in coming periods.
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