Service Corp Intl: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Service Corp Intl (NYSE:SCI) reported Q4 earnings with an EPS of $0.93, beating estimates by 2.2% and showing a revenue increase of $28.00 million from the previous year. The company has a history of surpassing EPS estimates, leading to a 13.58% share price increase the day after last quarter's earnings were announced.
February 12, 2024 | 9:25 pm
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Service Corp Intl reported a Q4 EPS of $0.93, surpassing estimates by 2.2%, with a significant year-over-year revenue increase. Historical performance shows a positive trend in beating EPS estimates, which previously resulted in a substantial stock price increase.
Service Corp Intl's consistent performance in surpassing earnings estimates, coupled with a significant revenue increase from the previous year, suggests a positive outlook for the stock. Historically, beating EPS estimates has led to a notable increase in SCI's stock price, indicating a likely continuation of this trend.
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