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Service Corp. International (SCI) released earnings for its second quarter that climbed from the same period last year.


RTTNews | Jul 29, 2020 04:45PM EDT

16:44 Wednesday, July 29, 2020 (RTTNews.com) - Service Corp. International (SCI) released earnings for its second quarter that climbed from the same period last year.

The company's bottom line totaled $105.51 million, or $0.59 per share. This compares with $72.33 million, or $0.39 per share, in last year's second quarter.

Excluding items, Service Corp. International reported adjusted earnings of $104.9 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.9% to $820.04 million from $812.57 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q2): $104.9 Mln. vs. $87.1 Mln. last year.-EPS (Q2): $0.58 vs. $0.47 last year.-Analysts Estimate: $0.24-Revenue (Q2): $820.04 Mln vs. $812.57 Mln last year.

-Guidance:Full year EPS guidance: $1.78 - $2.00

Read the original article on RTTNews ( https://www.rttnews.com/3115756/service-corp-international-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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