Service Corp (SCI) Tops Q2 EPS by 25c; Raises Outlook

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

July 28, 2021 4:02 PM EDT

HOUSTON, July 28, 2021 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the second quarter of 2021.

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

"Today we are pleased to report earnings per share of $0.92 and net cash provided by operating activities of $192 million for the quarter. The $0.33 growth in GAAP earnings per share in the quarter was primarily driven by continued strength in comparable preneed cemetery sales... More