Service Corp Intl Q3 2024 Adj. EPS $0.79 Beats $0.77 Estimate, Sales $1.014B Miss $1.016B Estimate
Portfolio Pulse from Benzinga Newsdesk
Service Corp Intl (NYSE:SCI) reported Q3 2024 earnings per share of $0.79, surpassing the analyst estimate of $0.77. However, their sales of $1.014 billion slightly missed the expected $1.016 billion, though it represents a 1.20% increase from the previous year.
October 30, 2024 | 8:25 pm
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Service Corp Intl's Q3 2024 EPS of $0.79 beat expectations, but sales of $1.014B slightly missed estimates. Sales increased by 1.20% year-over-year.
The earnings per share beat indicates positive performance, but the slight miss in sales could temper investor enthusiasm. The year-over-year sales increase is a positive sign, but the mixed results may lead to a neutral short-term stock price impact.
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IMPORTANCE 70
RELEVANCE 100