Service Co. International (SCI) Scheduled to Post Quarterly Earnings on Wednesday

Service Co. International (NYSE:SCI) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Service Co. International to post earnings of $0.79 per share for the quarter. Service Co. International has set its FY24 guidance at $3.50-3.80 EPS and its FY 2024 guidance at 3.500-3.500 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Service Co. International (NYSE:SCI) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.07). The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Service Co. International had a return on equity of 32.07% and a net margin of 12.32%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 EPS. On average, analysts expect Service Co. International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Service Co. International Trading Up 0.4 %

SCI stock opened at $75.40 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 3.05. The company has a market cap of $10.89 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 2.17 and a beta of 0.84. The business has a fifty day simple moving average of $77.41 and a 200-day simple moving average of $73.87. Service Co. International has a 52 week low of $52.89 and a 52 week high of $81.32.

Service Co. International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, September 13th. This represents a $1.20 annualized dividend and a yield of 1.59%. Service Co. International’s dividend payout ratio is presently 34.99%.

Analyst Ratings Changes

Separately, StockNews.com cut Service Co. International from a “hold” rating to a “sell” rating in a report on Thursday, August 1st.

Insider Activity at Service Co. International

In other Service Co. International news, Director Ellen Ochoa sold 2,642 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO Thomas L. Ryan sold 80,638 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $73.97, for a total value of $5,964,792.86. Following the completion of the transaction, the chief executive officer now directly owns 988,365 shares in the company, valued at approximately $73,109,359.05. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ellen Ochoa sold 2,642 shares of Service Co. International stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total transaction of $201,875.22. The disclosure for this sale can be found here. Company insiders own 4.60% of the company’s stock.

Service Co. International Company Profile

Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services.