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.
Service Corporation International :
SCI
SCI
Stock Data
$83.55
$0.85 (1.00%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
PERSONAL SERVICES
Service Corporation International, headquartered in Houston, Texas, is a leading provider of deathcare products and services in the United States and Canada. It operates a network of funeral homes, cemeteries, and crematoria, offering a comprehensive range of services including funerals, cremations, and memorialization. The company prides itself on professional and compassionate service, offering everything from funeral planning and directing to catering and travel protection. Its products range from burial caskets and urns to memorialization products. Service Corporation International is known for its respected brands like Dignity Memorial and Neptune Society.
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