Oppenheimer lowered the firm’s price target on Service Corp. (SCI) to $86 from $92 and keeps an Outperform rating on the shares. The firm notes Q1 adjusted EPS of 96c topped its estimate/consensus. Service Corp. indicated the growth stemmed from “strong performance in Funeral segment with year-over-year increases in the number of services performed and average revenue per funeral along with growth in general agency revenue.
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Read More on SCI:
- Service Corporation International Reports Strong Q1 2025 Results
- SCI Earnings Call: Mixed Results with Growth Prospects
- Service International’s Strong Financial Performance and Growth Justify Buy Rating
- Service Corp. backs FY25 adjusted EPS view $3.70-$4.00, consensus $3.83
- Service Corp. reports Q1 adjusted EPS 96c, consensus 91c
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