sci
Death care industry company Service Corporation International recently presented at the Raymond James 39th Annual Institutional Investors Conference. I’ve found a slide deck about their company on Seeking Alpha that you can see here. It was part of their power point presentation to institutional investors and is an interesting synopsis of the company as…
Read MoreService Corporation International of Houston, Texas, the nation’s largest provider of deathcare services reported 4th Quarter and Year End 2017 results on Tuesday, February 13. You can see the financials and read the commentary here. In a statement, Chief Executive Officer Tom Ryan commented, “We delivered a solid quarter as we close out 2017. .…
Read MoreI read an article published on Friday by Samuel Leathers and featured on the site, Seeking Alpha. The crux of the article, which you can read here, is the author’s opinion that a better way to play the “Graying of America” demographic in the stock market than senior housing and the nursing home industry is…
Read MoreService Corporation International and its brand, Dignity Memorial, recently announced that it will, for the 10th consecutive year, sponsor the Donate Life float that will appear in the 129th Rose parade on January 1, 2018. You can read their press release here. The Donate Life Rose Parade float helps raise awareness of the important cause…
Read MoreI’m a buy and hold investor and enjoy learning about companies that over time will bring a nice positive return to my portfolio. I also like to learn as much as I can about companies and those in the death care industry give me added perspective — I always try to learn what they are…
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Here’s a summary of the remarks of the Service Corporation International Executive Team during the company’s fourth quarter 2016 earnings call. You can access the entire transcript at Seeking Alpha. CEO Thomas Ryan on the growth in the company’s preneed revenue: “We also continue to grow our funeral preneed backlog, hosting a 4% growth…
Read MoreDALLAS, Feb. 14, 2017 /PRNewswire/ — Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Weerts Funeral Home, Inc., headquartered in Davenport, IA, and Riverbend Cremation Service, LLC, in Bettendorf, IA, to Service Corporation International, headquartered in Houston, TX. The acquisition closed February 1,…
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Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, issued fourth quarter 2016 financials. Here are the highlights. Quarterly revenue increased by 5% to $809 due primarily to an increase in cemetery preneed revenue. SCI funeral home revenues were flat. Net income declined by 11% to $66 million…
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