Service Corp Intl Widens FY2024 Adj EPS Guidance from $3.50 to $3.47-3.57 vs $3.53 Est
Portfolio Pulse from Benzinga Newsdesk
Service Corp Intl (NYSE:SCI) has adjusted its FY2024 EPS guidance to a range of $3.47 to $3.57, compared to the previous guidance of $3.50 and the analyst estimate of $3.53.
October 30, 2024 | 9:27 pm
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NEUTRAL IMPACT
Service Corp Intl has adjusted its FY2024 EPS guidance to a range of $3.47 to $3.57, which is slightly below the analyst estimate of $3.53. This indicates a potential slight underperformance compared to expectations.
The adjustment in EPS guidance to a range that includes values both below and above the analyst estimate suggests a neutral impact. The market may react to the lower end of the guidance being below the estimate, but the upper end exceeds it, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100