30.10.2019 21:44:12

Service Corp. International Q3 adjusted earnings Miss Estimates

(RTTNews) - Service Corp. International (SCI) announced a profit for its third quarter that advanced from the same period last year.

The company's profit totaled $70.8 million, or $0.38 per share. This compares with $68.9 million, or $0.37 per share, in last year's third quarter.

Excluding items, Service Corp. International reported adjusted earnings of $67.9 million or $0.37 per share for the period.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.2% to $769.2 million from $778.8 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q3): $67.9 Mln. vs. $64.3 Mln. last year. -EPS (Q3): $0.37 vs. $0.35 last year. -Analysts Estimate: $0.38 -Revenue (Q3): $769.2 Mln vs. $778.8 Mln last year.

-Guidance: Full year EPS guidance: $1.90 - $2.00

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