Service Corp. reports Q1 adjusted EPS 96c, consensus 91c

Reports Q1 revenue $1.07B, consensus $1.06B. Tom Ryan, the company’s Chairman and CEO, commented on the first quarter performance: “We are proud to report adjusted earnings per share growth of 8% and strong adjusted operating cash flows in the first quarter of 2025. This was driven by strong performance in our 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. Additionally, effective cost management drove solid gross profit performance and margin expansion. In the cemetery segment, we are continuing to focus on production, which will benefit us in future periods, as undeveloped property sold is constructed. Lastly, our robust cash flow has allowed us to continue investment toward our extensive pipeline of acquisitions while also providing us the flexibility to be opportunistic with stock repurchases. We remain committed to our long-term growth strategy to grow revenue, leverage our unparalleled scale, and invest our capital wisely to enhance shareholder value. We would not be able to achieve this without our 25,000 associates and their ongoing commitment to providing excellent service to our client families.”