Service Corporation Expects 2024 Adjusted EPS Of $3.50-$3.80 (Est $3.61)
Portfolio Pulse from Benzinga Newsdesk
Service Corporation International (SCI) forecasts its 2024 adjusted EPS to be in the range of $3.50-$3.80, aligning closely with the estimated $3.61.

February 12, 2024 | 9:24 pm
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Service Corporation International anticipates its 2024 adjusted EPS to fall between $3.50 and $3.80, which is in line with analysts' expectations of $3.61.
The company's forecast aligns closely with analyst estimates, indicating confidence in its financial outlook and operational stability. This alignment typically has a positive impact on investor sentiment as it suggests the company is on track to meet or exceed market expectations. Given the close match with the estimated EPS, this news is likely to be viewed positively by the market, potentially leading to a short-term uptick in SCI's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100