Service Corp Intl Q2 EPS $0.83 Beats $0.80 Estimate, Sales $1.01B Beat $972.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Service Corp Intl (NYSE:SCI) reported Q2 earnings of $0.83 per share, beating the analyst consensus estimate of $0.80 by 3.75%. This is a 1.19% decrease from the same period last year. The company also reported quarterly sales of $1.01 billion, beating the analyst consensus estimate of $972.82 million by 4.17%. This is a 2.28% increase from the same period last year.
August 04, 2023 | 10:22 am
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POSITIVE IMPACT
Service Corp Intl's Q2 earnings and sales beat analyst estimates, which could lead to a positive market reaction.
Service Corp Intl reported better than expected Q2 earnings and sales. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100