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Service Corp.: Q2 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Service Corp. International (SCI) on Wednesday reported second-quarter profit of $124.8 million.

The Houston-based company said it had profit of 90 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The funeral home and cemetery operator posted revenue of $1.1 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.08 billion.

Service Corp. expects full-year earnings in the range of $4.05 to $4.35 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCI at https://www.zacks.com/ap/SCI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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