Service Corp Intl Q4 Adj EPS $0.93 Beats $0.91 Estimate, Sales $1.055B Beat $1.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
Service Corp Intl (NYSE:SCI) reported Q4 adjusted EPS of $0.93, surpassing the $0.91 estimate, and sales of $1.055B, exceeding the $1.02B estimate. This represents a year-over-year earnings increase of 1.09% and a sales increase of 2.63%.
February 12, 2024 | 9:22 pm
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Service Corp Intl reported a Q4 adjusted EPS of $0.93, beating estimates, and sales of $1.055B, also above expectations. Year-over-year growth in both metrics was observed.
Beating both earnings and sales estimates typically has a positive impact on a company's stock price in the short term. The reported year-over-year growth in earnings and sales further strengthens the positive outlook for SCI's stock. Investors often view such performance as a sign of a company's strong operational health and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100