We reported on the 2nd Quarter of 2024’s results for Service Corporation International (SCI) in this morning’s edition of Funeral Director Daily.

Prior to that report coming out on Augut 1, Seeking Alpha author Daniel Jones authored an article on SCI on July 28, 2024.  That article was titled “Service Corporation International:  Thoughts on where fair value might be”.  Since we believe that article is still pertinent we bring it to you today.  You can access it here.

Here’s a few bullet points that Jones points out prior to the article:

• Service Corporation International has seen mixed financial results, with revenue declining in 2023 but rising in the first quarter of 2024.
• The company’s cemetery operations performed well, while funeral gross profit and net income declined due to higher costs and interest expenses.
• Despite some negative financial metrics, the company is attractively priced and has long-term growth potential due to projected population growth and increasing death counts.

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