sci

Seeking Alpha feature article rates Service Corporation a “Buy”

By Funeral Director Daily / July 25, 2022 /

According to this press release from Service Corporation International (SCI) the company is scheduled to announce the financial results of their 2nd Quarter of 2022 on Tuesday, August 2.  Prior to that however, last week author Daniel Jones of Seeking Alpha penned an opinion article on the company and rated the company a “Buy” in…

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Is it time to buy funeral home stocks?

By Funeral Director Daily / June 10, 2022 /

Earlier this week I read this article from Yahoo Finance authored by Brian Sozzi.  The article is entitled “Consumers have to face that nasty inflation is here to stay for awhile”. The article goes on to mention that, at least in Mr. Sozzi’s opinion, skilled workers are too few in number to meet the needs…

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SCI reports 1st Qtr 2022. . . . Preneed hitting on all cylinders

By Funeral Director Daily / May 10, 2022 /

Service Corporation International (SCI), North America’s largest grouping of funeral homes and cemeteries reported their 1st Quarter 2022 financial results last week.  The company reported increased total sales of 3.2% which resulted in 1Q 22 revenue of $1.112 billion as compared to the 1st Quarter of 2021 where they reported sales of $1.077 billion.  That’s…

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SCI as an investment

By Funeral Director Daily / April 6, 2022 /

Last week Seeking Alpha published a fact and opinion article on Service Corporation International (SCI) entitled “Service Corporation International:  An under the radar wealth generator”.  The article was one of the most in-depth pieces I have seen on SCI, its operations, and its potential as an investment. You can access the article here. From my…

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Death Care Index drops Year to Date in line with Indices

By Funeral Director Daily / March 14, 2022 /

Since the first of the year there has been a lot in the news. . . . and news that is probably more consequential than other 75-day time periods over the last couple of years.  Let’s see. . . there’s been the Omicron variant, supply shortages, inflation, and the Russian invasion of the Ukraine.  On…

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SCI’s CEO Tom Ryan on 2021 results, 2022 expectations

By Funeral Director Daily / February 24, 2022 /

Recently Service Corporation International (SCI) reported on their 2021 financial results.  As is customary, SCI’s top officers then took part in a discussion with financial services analysts on the results and other thoughts as how they relate to the company moving forward.  You can see a transcript of that discussion here. What we have done…

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Service Corp Operating Income jumps, company acquires 30 properties in 4Q 2021

By Funeral Director Daily / February 16, 2022 /

Funeral service company Service Corporation International (SCI), the largest owner of funeral homes in North America announced their 4th Quarter 2021 and 2021 Year-end results earlier this week.  You can see a press release of the entire announcement here. Here’s how SCI’s CEO Thomas Ryan summed up the 4th Quarter of 2021 for the company,…

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How some in the secular financial world see Death Care. . . interesting articles

By Funeral Director Daily / January 4, 2022 /

I like to stay abreast of what is happening in the world of finance.  And, even though I like to stay in my lane about what I know, over the years I probably bought a stock or two in a company where I didn’t really know the inside out of how the company made its…

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Schoedinger and their 10,000 calls soon to be controlled by SCI

By Funeral Director Daily / December 13, 2021 /

News broke late last week that the Schoedinger Funeral & Cremation Service, based in Columbus, Ohio, has entered into a sale agreement with Service Corporation International (SCI) of Houston, Texas.  According to this article from the Columbus Dispatch, SCI’s closing on the ownership interest will happen this week. Schoedinger, founded in 1855 and in its…

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SCI’s 3Q Report continues solid run

By Funeral Director Daily / October 29, 2021 /

Service Corporation International (SCI), the largest funeral home and cemetery operator in North America reported their 3rd Quarter 2021 financial results on Wednesday.  You can see them for yourself here. Here’s some of what Tom Ryan, Service Corporation’s CEO said of the 3Q 2021 results, “Today we are reporting another strong quarter with earnings .…

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