Service Corporation International Announces First Quarter 2019 Financial Results

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Go back to Service Corporation International Announces First Quarter 2019 Financial Results

Service Corp (SCI) Tops Q1 EPS by 6c, Revenues Beat; Offers FY19 EPS Guidance

April 24, 2019 4:18 PM EDT

Service Corp (NYSE: SCI) reported Q1 EPS of $0.47, $0.06 better than the analyst estimate of $0.41. Revenue for the quarter came in at $798.2 million versus the consensus estimate of $791.84 million.

Diluted earnings per share were $0.43 in the first quarter of 2019 compared to $0.43 in the first quarter of 2018. The first quarter of 2019 was impacted by $8.0 million in unusual legal expenses and the first quarter of 2018 was negatively impacted by a $10.1 million loss on early extinguishment of debt. Diluted earnings per share excluding special items were $0.47 for the first quarter of 2019 and 2018. Comparable cemetery revenue... More