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Service Corp International Q2 Adjusted EPS Decline, Sales Rise; Shares Fall After Hours
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Service Corp International Q2 Adjusted EPS Decline, Sales Rise; Shares Fall After Hours
Jul 31, 2024 2:41 PM

05:28 PM EDT, 07/31/2024 (MT Newswires) -- Service Corp International ( SCI ) reported Q2 adjusted earnings late Wednesday of $0.79 per diluted share, down from $0.83 a year earlier.

Analysts polled by Capital IQ expected $0.87.

Revenue for the quarter that ended June 30 was $1.034 billion, up from $1.013 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.027 billion.

The company now expects full-year 2024 adjusted earnings to be at the lower end of the $3.50 to $3.80 per diluted share range, versus its prior guidance released on May 1 of between $3.50 and $3.80 per diluted share. Analysts polled by Capital IQ expect $3.67.

Shares of the company traded 2.4% lower in after-hours activity.

Price: 78.00, Change: -1.91, Percent Change: -2.39

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