Service Corporation International ( (SCI) ) has released its Q3 earnings. Here is a breakdown of the information Service Corporation International presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Service Corporation International (SCI), headquartered in Houston, Texas, is the largest provider of funeral, cemetery, and cremation services in North America, offering a wide range of deathcare products and services to over 700,000 families annually.
In its third-quarter 2025 financial results, SCI reported a 4.4% increase in revenue compared to the same period in 2024, alongside a rise in gross profit and adjusted earnings per share. The company also confirmed its 2025 earnings midpoint and raised its cash flow guidance for the year.
Key financial highlights include a revenue increase of $44.1 million, a 10% growth in adjusted earnings per share, and a notable rise in cemetery preneed sales production by 9.6%. Despite a slight decline in net cash provided by operating activities due to higher cash taxes, the company saw an increase in operating income and lower cash interest, contributing to a positive cash flow outlook.
The company remains optimistic about its future performance, with a strong finish to the year anticipated. SCI’s management continues to focus on its long-term growth strategy, leveraging its scale and capital allocation to enhance shareholder value.
Looking ahead, SCI has narrowed its earnings per share guidance range for 2025 and increased its cash flow outlook, reflecting confidence in its strategic initiatives and market position.