Service Corp (SCI) Tops Q1 EPS by 33c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

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Go back to Service Corp (SCI) Tops Q1 EPS by 33c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

Service Corporation International Announces First Quarter 2021 Financial Results And Increases 2021 Guidance

May 3, 2021 4:15 PM EDT

HOUSTON, May 3, 2021 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the first quarter of 2021.

Tom Ryan, the Company's President, Chairman, and Chief Executive Officer, commented on COVID-19 and first quarter results:

"Today we are reporting earnings per share of $1.33 and net cash provided by operating activities of $298 million for the quarter. The $0.88 growth in earnings per share in the quarter was primarily driven by increased comparable preneed cemetery sales production and continued elevated... More