05:45 PM EDT, 05/01/2024 (MT Newswires) -- Service Corp International ( SCI ) shares traded 23% lower in after-hours activity after reporting Q1 adjusted earnings late Wednesday of $0.89 per diluted share, down from $0.93 a year earlier.

Analysts polled by Capital IQ expected $0.85.

Revenue for the quarter that ended March 31 was $1.05 billion, up from $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.02 billion.

The company reiterated full-year 2024 adjusted earnings of $3.50 to $3.80 per diluted share. Analysts surveyed by Capital IQ expect $3.65.

Shares of the company .

Price: 55.00, Change: -16.40, Percent Change: -22.97