Service Corporation International

SCI execs give some insight to the “state of the business” in quarterly earnings call

By Funeral Director Daily / November 8, 2023 /

    Service Corporation International (SCI) reported 3rd Quarter financial numbers for 2023 last week which we highlighted in Monday’s edition of Funeral Director Daily.  Today, we perused the company’s earnings call of last week to try to find some insight into the questions those in the profession are asking at this point in time.…

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Service Corporation 3Q: Regaining their revenue footing. . . .potential challenges ahead

By Funeral Director Daily / November 6, 2023 /

  Service Corporation International (SCI) reported their 3rd Quarter of 2023 financial results last week.  While their cumulative 6 -month report had revenues lagging behind the 2022 comparables, the 3Q 2023 report shows revenues increasing by 2.5% over the 3Q 2022 numbers — the 2nd consecutive quarter of increased revenue comparables.  SCI pulled in total…

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Seeking Alpha on SCI: “Negative scenario could be favorable for this industry consolidator”

By Funeral Director Daily / September 25, 2023 /

    This morning’s edition of Funeral Director Daily looked at the situation that death care companies could be in if inflation and the high interest environment we are in stay with us for some time.  Interestingly enough, Seeking Alpha author Gustavo Larraga Tapia published an article last week where he opined that death care…

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SCI reports 2Q 2023. . . .we see a mixed bag of news

By Funeral Director Daily / August 3, 2023 /

      Service Corporation International (SCI) the largest Death Care business in North America reported their results for the 2nd Quarter of 2023 earlier this week.  They reported an increase in sales revenue of about 2.2% over the same quarter of 2022 — sales in 2Q2023 totaled $1.013 billion as compared to $990.9 million…

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Opinions are opinions. . . Here’s two on the future of SCI

By Funeral Director Daily / July 26, 2023 /

        One has to realize that “Opinions are Opinions” and they may differ dependent on the author’s perspective.  I find it is always best to get multiple opinions when I contemplate major decisions.   What’s interesting with today’s blog topic is that I’ve recently found two opinions on the future of Death…

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Service Corporation adds “human composting” services to some funeral homes in Seattle

By Funeral Director Daily / June 6, 2023 /

        Earlier in May, the largest death care provider in North America, Service Corporation International, added what they call “human composting” services to their list of services provided by five funeral homes in the Seattle, Washington, area.  This press release mentions that the process is also known as “natural organic reduction” and…

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Seeking Alpha author suggests that SCI is a stock you might want to hold “for a decade or two”

By Funeral Director Daily / May 15, 2023 /

    Earlier in May the largest public funeral home and cemetery operator in North America, Service Corporation International (SCI), reported on their 1st Quarter of 2023 operations.  Shortly after that, on May 8, an author from Seeking Alpha wrote an article on his opinion of SCI.  The title of that article will give you…

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SCI reports 1st Quarter. . . in-line with U.S. death totals

By Funeral Director Daily / May 5, 2023 /

      When public companies report their financial numbers each quarter, it is pretty much expected that matured companies have practical and easily understood numbers in comparison to what their financial numbers were for the previous comparable quarter of operations.  In that regard you would look for the results of funeral home and cemetery…

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Matthews, Carriage Services lead Death Care Index to 1Q 2023 gain

By Funeral Director Daily / April 3, 2023 /

    It’s been an interesting first quarter if you are invested in the stock market.  We’ve seen interest rates continue to rise and we’ve seen popular opinion on what that might do to technology companies vary.  In addition, we’ve seen technology companies reduce their workforce even as some of their stock prices have increased.…

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Robert Waltrip, Acquisitions, and Excess Deaths make up the Top Stories of the past 30 days

By Funeral Director Daily / March 17, 2023 /

    It seems amazing to me how fast 30 days seems to go.  Once again we offer up our Top Read stories from Funeral Director Daily over the past 30 days. . . Here they are. . . Enjoy the weekend. . .   In Memoriam:  Robert Waltrip, SCI Founder. InvoCare receives over US…

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