Service Corporation International

Gainsboro Capital opines on Service Corporation

By Funeral Director Daily / August 29, 2018 /

Just 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”]

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Inside the Numbers at SCI

By Funeral Director Daily / August 3, 2018 /

Earlier 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…

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Service Corporation Reports 2Q 2018 Results

By Funeral Director Daily / July 31, 2018 /

Service 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…

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Matthews International Reports Good, but Mixed Results

By Funeral Director Daily / July 27, 2018 /

Matthews International, a death care conglomerate with operations in crematory equipment, bronze memorialization products, and caskets, reported their 3rd Quarter 2018 fiscal year results yesterday.  You can read their press release here. Their report can be summed up by increased total sales – albeit not to the extent that they had predicted, but a beat…

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Is Your Funeral Home a Growth Industry?

By Funeral Director Daily / July 20, 2018 /

In my opinion, when I look for something to invest in, I gauge the safety of the investment as well as the possible return and then make a decision if the balance is there between the two.  I also look at two sides of an equity investment as the potential for growth (as defined by…

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Carriage Services adds two locations in Mid-Atlantic Area

By Funeral Director Daily / July 17, 2018 /

Last week Carriage Services, a funeral service public company based in Houston, Texas, announced that they had acquired two funeral homes in the State of Virginia.  You can read the press release here. The release announces the acquisition of the Covenant Funeral Homes in Fredericksburg and Stafford, Virginia.  The release goes on to say that…

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Allnut Family Funeral Homes to replace Greeley Chapel

By Funeral Director Daily / July 11, 2018 /

Not 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…

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Dignity Memorial adds representation on Florida’s West Coast

By Funeral Director Daily / July 11, 2018 /

According to a release published in the Sarasota Business Observer, funeral professional Robert Toale and his family have joined the Dignity Memorial Network in Sarasota and Manatee Counties of Florida.  Again, according to the release, Dignity Memorial now has 2,000 funeral, cremation, and cemetery service providers in its network.  You can read the release here.…

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Checking in on the Death Care Index

By Funeral Director Daily / June 13, 2018 /

Part of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service.  One of the ways we do that is by watching what is happening with the publicly held death care community stocks.  Here are the stocks that we check up on regularly and compute the…

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Service Corporation adds Board Members

By Funeral Director Daily / June 8, 2018 /

Last 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…

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