sci
This article from Seeking Alpha suggests that the largest funeral home and cemetery operator in North America, Service Corporation International (SCI) is a buying opportunity for investors. To that end, the article makes these points: “Historically, SCI has delivered very strong financial performance and shareholder returns.” “. . .growth has been fueled by a…
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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 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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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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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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In this article from earlier in June, the Chattanoogan.com announced that the Hamilton Funeral Home of Hixson, Tennessee, was acquired by a subsidiary of Service Corporation International (SCI). It was also noted in the same article that Tom Wilson has been named the manager of the facility which was apparently purchased by SCI…
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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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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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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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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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