Service Co. International (NYSE:SCI) Issues Earnings Results, Beats Expectations By $0.34 EPS
Service Co. International (NYSE:SCI) issued its quarterly earnings data on Wednesday. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.24 by $0.34, MarketWatch Earnings reports. The firm had revenue of $820.00 million during the quarter, compared to the consensus estimate of $708.31 million. Service Co. International had a net margin of 12.50% and a return on equity of 20.34%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 earnings per share. Service Co. International updated its FY 2020
After-Hours guidance to 1.78-2.00 EPS and its FY20 guidance to $1.78-2.00 EPS.
NYSE:SCI traded down $0.55 on Friday, reaching $42.85. 15,116 shares of the stock traded hands, compared to its average volume of 1,063,130. The company’s fifty day simple moving average is $38.70 and its 200 day simple moving average is $41.79. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 2.54 and a beta of 0.72. Service Co. International has a 12 month low of $33.93 and a 12 month high of $52.89. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 2.02.
In other Service Co. International news, Director W Blair Waltrip acquired 2,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $34.65 per share, with a total value of $69,300.00. Following the transaction, the director now owns 595,481 shares of the company’s stock, valued at approximately $20,633,416.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 4.70% of the stock is owned by company insiders.
About Service Co. International
Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.
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