Markets
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.

In This Story

SCI

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More