sci
If you are or have been in the death care business for any length of time you can relate to all the talk about the popularity of cremation gaining in the last twenty years and at an incredible pace for the past 5-7 years. All of us know of the issues that lower revenue per…
Read MoreJust yesterday Gainsboro Capital did a nice review on Service Corporation International and its operations and financial performance. They published the article on Seeking Alpha and you can see it here. [wpforms id=”436″ title=”true” description=”true”]
Read MoreEarlier this week Service Corporation International posted their 2nd Quarter results, which you can see in a company press release here, and we told you that we would analyze them and report our impressions. There is nothing that surprises us with the SCI results, more so, they reinforce what we believe is the direction of…
Read MoreService Corporation International, the largest of the funeral service conglomerate public companies, reported 2nd Quarter 2018 financial results yesterday. You can read their press release and see the numbers here. SCI announced earnings per share of $0.44 versus analysts estimates of $0.43 per share. They also announced 2nd quarter revenue of $796 million as compared…
Read MoreNot quite a year ago we reported that funeral home consolidator Service Corporation International had acquired 13 locations in Colorado when they announced the purchase of the Allnut Funeral Homes. We noticed a press release today that indicates how important the growing Colorado market is to the company when SCI announced that they are making…
Read MoreLast week Houston based funeral home conglomerate Service Corporation International (SCI) added two new members to its board of directors. A press release from SCI that you can read here announces the appointments of Jakki L. Haussler and Sara Martinez Tucker as the new members. According to the release, SCI CEO Tom Ryan stated that…
Read MoreI’ve always been intrigued by the stock market. I can remember over 50 years ago talking to my dad about what he thought was the end-all when looking at companies to potentially invest in. For him it was the P/E ratio. Dad always wanted the stock to have a P/E ratio of 15 or less…
Read MoreIt is earnings time for public companies and today we are reporting on what Service Corporation International reported in their 1st Quarter report of 2018. You can see their complete press release, including financial information, here. In essence, Tom Ryan, SCI’s CEO, made the following statements: “. . .earnings per share growth of 9 cents…
Read MoreFuneral Director Daily: As we do from time to time, I have included an article that was put out yesterday by Kenny Robinson of Seeking Alpha on Service Corporation International. The article, that you can read here, is an in-depth investment piece that I put out with no opinion other than to say it is…
Read MoreIt was announced this week that Service Corporation International and the Archdiocese of New Orleans will collaborate on a plan to build a funeral home and cemetery on land owned by the Archdiocese in New Orleans. You can read the press release from Globe News Wire here. The combination unit, which will also have mausoleum…
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