Service Corporation (SCI) Gains From Cemetery Unit & Expansion [Yahoo! Finance]
Service Corporation International (SCI)
Last service corporation international earnings: 4/29 04:15 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=108068&p=irol-irhome
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Source: Yahoo! Finance
Fairly stable demand for the company's services and products has also been working well. The company's Cemetery unit has been performing well. However, high general and administrative (G&A) expenses and soft Funeral segment revenues are deterrents. Cemetery Revenues Rise The deathcare products and services provider has been seeing a rise in Cemetery segment revenues for a while now. In the fourth quarter of 2023, consolidated Cemetery revenues came in at $482.6 million, up from $447.5 million reported in the year-ago quarter. Comparable cemetery revenues increased 7.7%. The upside was mainly caused by increased core revenues to the tune of $31.5. Core revenues increased due to growth in total recognized preneed revenues, partially hurt by reduced atneed revenues. Comparable preneed cemetery sales production rose 9.4% due to continued strength in large sales activity, along with a higher core production sales average. Image Source: Zacks Investment Research Focus on Expansion
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SCI
News
- Service Corporation International (NYSE:SCI) Has More To Do To Multiply In Value Going Forward [Yahoo! Finance]Yahoo! Finance
- Is Nuveen ESG Small-Cap ETF (NUSC) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Service Corporation International Announces Schedule For Its First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Service Corporation International Announces Schedule For Its First Quarter 2024 Earnings Release and Conference CallPR Newswire
- Brian Madden's Top Picks: April 11, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
SCI
Earnings
- 2/12/24 - Beat
SCI
Sec Filings
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form DEF
- SCI's page on the SEC website