SCI

Service Corp. International Q3 adjusted earnings Beat Estimates

(RTTNews) - Service Corp. International (SCI) reported earnings for its third quarter that increased from the same period last year.

The company's earnings totaled $127.42 million, or $0.72 per share. This compares with $70.79 million, or $0.38 per share, in last year's third quarter.

Excluding items, Service Corp. International reported adjusted earnings of $140.6 million or $0.79 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.4% to $918.24 million from $769.24 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q3): $140.6 Mln. vs. $67.9 Mln. last year. -EPS (Q3): $0.79 vs. $0.37 last year. -Analysts Estimate: $0.41 -Revenue (Q3): $918.24 Mln vs. $769.24 Mln last year.

-Guidance: Full year EPS guidance: $2.50 - $2.75

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.