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The 2nd Quarter of 2020, that period that encompasses the months of April, May, and June, was looked at as a quarter which would produce financial results that would be unique, maybe in the entire last century, simply because it was the first 3-month period of the COVID-19 pandemic. As the United States went into…
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In today’s afternoon edition of Funeral Director Daily we have a couple of national firms in the news for differing reasons. First of all, we will tell you of Funeral Directors Life (FDLIC) and their investment in saving some of the world’s energy. They recently added a parking lot that will be covered by about…
Read MoreIn today’s afternoon edition we bring you a Seeking Alpha article from BOOX Research that opines on and goes into the details on why it says Service Corporation International “has a positive long-term outlook supported by its market leadership position and solid fundamentals.” We also bring you information on an Iowa funeral home celebrating its…
Read MoreNorth America’s largest public purveyor of death care services, Service Corporation International (SCI), released its 2nd Quarter 2020 results on Wednesday. In a nutshell, they produced somewhat better than what was expected results in this COVID-19 environment. You can read their full 2Q 2020 report here. SCI reported revenues for the quarter of $820 million…
Read MoreCarriage Services reported their much anticipated 2nd Quarter of 2020 results on Tuesday. You can get a copy of their press release here. The company, as well as other companies in the death care index are reporting their 2nd Quarters as their first full three month period of dealing with deaths and memorializations in the…
Read MoreWe’ve now moved into the 3rd Quarter of 2020 and, needless to say, it has been a different year. I recently read an article from Barrons.com that put the year into perspective and also asked famed stock prognosticator Mario Gabelli to comment on where we are going from here. Gabelli is the Founder, Chairman, and…
Read MoreIn a press release from the company that you can read here, Park Lawn Corporation announced Monday that Interim CEO J. Bradley Green would have the interim tag removed and has been named Chief Executive Officer of the Toronto based death care company. In the same announcement, Park Lawn’s Board of Directors announced that Jay…
Read MoreI happened to see that at the close of the markets Friday that funeral home and cemetery operator and consolidator Park Lawn Corporation’s stock closed down over 9% from the previous day. I looked for news on the company but could not find anything in the public world that would cause a precipitous drop in…
Read MoreWhere were you when you first realized that the coronavirus may be something serious and you changed your course of habits to manage your lifestyle more safely? Angie and I were on a scheduled flight out of Honolulu returning to Minneapolis on February 1, the day after President Trump had instituted the flight ban from…
Read MoreBack on May 18,2020, Security National Financial Corporation (SNFC) reported its 1st Quarter 2020 results that encompassed the period from January 1, 2020 to March 31, 2020. The results, which you can see in a press release here, showed that the company increased revenues in the period compared to the prior year’s revenue by 29.2%…
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