Service Co. International (NYSE:SCI - Get Free Report) will announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect Service Co. International to post earnings of $0.79 per share for the quarter. Service Co. International has set its FY24 guidance at $3.50-3.80 EPS and its FY 2024 guidance at 3.500-3.500 EPS.Parties interested in participating in the company's conference call can do so using this link.
Service Co. International (NYSE:SCI - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.07). Service Co. International had a net margin of 12.32% and a return on equity of 32.07%. The business had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.03 billion. During the same quarter in the prior year, the company posted $0.83 earnings per share. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. On average, analysts expect Service Co. International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Service Co. International Trading Up 1.1 %
NYSE SCI traded up $0.82 during trading hours on Wednesday, hitting $76.76. 679,180 shares of the company were exchanged, compared to its average volume of 898,380. Service Co. International has a 52 week low of $52.89 and a 52 week high of $81.32. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 3.05. The stock has a 50-day moving average price of $77.44 and a 200 day moving average price of $73.80. The stock has a market cap of $11.08 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 2.18 and a beta of 0.84.
Service Co. International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, September 13th. This represents a $1.20 annualized dividend and a yield of 1.56%. Service Co. International's payout ratio is presently 34.99%.
Insider Activity
In related news, CEO Thomas L. Ryan sold 80,638 shares of Service Co. International stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $73.97, for a total transaction of $5,964,792.86. Following the completion of the sale, the chief executive officer now owns 988,365 shares in the company, valued at $73,109,359.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Service Co. International news, CEO Thomas L. Ryan sold 80,638 shares of Service Co. International stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $73.97, for a total transaction of $5,964,792.86. Following the completion of the sale, the chief executive officer now directly owns 988,365 shares of the company's stock, valued at $73,109,359.05. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ellen Ochoa sold 2,642 shares of the company's stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The disclosure for this sale can be found here. Insiders own 5.10% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Service Co. International from a "hold" rating to a "sell" rating in a research note on Thursday, August 1st.
Read Our Latest Analysis on SCI
Service Co. International Company Profile
(
Get Free Report)
Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services.
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