Overview
* Service Corp ( SCI ) Q2 revenue rises $31.4 mln, beating analyst expectations, per LSEG data
* Adjusted EPS for Q2 grows 11% yr/yr, beating analyst expectations, per LSEG data
* Co raises 2025 cash flow guidance, confirms 2025 EPS guidance at $3.70-$4.00
Outlook
* Service Corp ( SCI ) confirms 2025 EPS guidance of $3.70 to $4.00
* Company raises 2025 cash flow guidance to $880 mln-$940 mln
* Service Corp ( SCI ) expects 2025 EPS growth of 8%-12% excluding special items
Result Drivers
* FUNERAL REVENUE - Higher average revenue per funeral and effective fixed cost management drove growth in funeral gross profit
* INSURANCE PROVIDER TRANSITION - Change in preferred preneed insurance provider led to higher core general agency revenue
* CEMETERY SALES - Increase in preneed sales production, though recognized preneed revenue declined due to timing of revenue recognition
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $1.07 $1.05
Revenue bln bln (5
Analysts
)
Q2 Beat $0.88 $0.85 (5
Adjusted Analysts
EPS )
Q2 EPS $0.86
Q2 Net $122.90
Income mln
Q2 $224.50
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the personal services peer group is "buy"
* Wall Street's median 12-month price target for Service Corporation International ( SCI ) is $87.00, about 12.5% above its July 29 closing price of $76.10
* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)