Tag: funeral home companies

Service Corporation gets some positive spin from Yahoo Finance
Finance

Service Corporation gets some positive spin from Yahoo Finance

Service Corporation International (SCI), the publicly traded acquirer and operator of funeral homes and cemeteries in North America is poised to report its 3Q 2019 results on October 30.  Prior to that happening, we noticed this short report in Yahoo Finance entitled, “Will Service Corporations’s strategies help maintain momentum?”. The Yahoo Finance article concludes that SCI is “gaining from its endeavors and demographic trends”.  It mentions how the company is aimed at utilizing scale and efficiently deploying capital to move […]

Carriage Services quarter sees revenue, profits up. . . trending upward
Finance

Carriage Services quarter sees revenue, profits up. . . trending upward

Three months ago the 1st Quarter report of 2019 for funeral home and cemetery operator Carriage Services caused concern for many of their stockholders.  In that quarter, same store revenue for funerals and profitability took a backward trend as did the number of atneed and preneed services conducted or contracted. That report led management to acknowledge that not all was perfect and they were going to be making some changes in the operational end of their business. Carriage Services reported […]