NYSE$SCI
Service Corp Intl · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported first quarter results, exceeding long-term growth expectations and confirming 2023 guidance.
Service Corporation International reported GAAP earnings per share of $0.93 and net cash provided by operating activities of $220 million for the first quarter of 2023. The company continues to exceed long-term growth expectations compared to the pre-pandemic first quarter of 2019.
- GAAP earnings per share were $0.93.
- Net cash provided by operating activities were $220 million.
- Comparable funeral sales average grew 2.4%.
- Comparable preneed funeral sales production grew $24 million, or 8.1%.
Headline financials
Revenue & EPS history
Service Corp Intl · Revenue · Quarterly
$1.03B
Revenue by segment
Service Corp Intl · $1.03B total across 2 segments · Q1 2023
- Total Funeral$610M-6.1%59.3%
- Total Cemetery$419M-9.6%40.7%
Forward guidance
The company's guidance ranges for 2023 have not changed and are consistent with previously reported outlook. Diluted earnings per share from continuing operations excluding special items is anticipated to be at the upper end of the expected long-term growth framework of 8%-12%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+1.3%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.1%
Avg return
30 days after
52%
35 / 67 earnings
Positive
+11.7%
Q3 2023
Best reaction
-11.3%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.7% | -8.0% | -13.0% | |
| Q4 2025 | -6.7% | -4.7% | -5.8% | |
| Q3 2025 | +4.9% | +1.9% | -0.8% | |
| Q1 2025 | -4.1% | -3.9% | -2.4% | |
| Q4 2024 | +7.2% | +2.3% | +3.4% | |
| Q3 2024 | +6.8% | +7.5% | +15.9% | |
| Q2 2024 | -6.6% | -10.6% | -2.2% | |
| Q1 2024 | -2.9% | -5.0% | -0.1% | |
| Q4 2023 | +3.7% | +6.9% | +11.8% | |
| Q3 2023 | +11.7% | +8.6% | +13.1% | |
| Q2 2023 | -4.5% | -2.1% | -5.3% | |
| Q1 2023 | -3.0% | -7.3% | -9.4% | |
| Q4 2022 | -2.9% | -0.9% | -8.6% | |
| Q3 2022 | +11.4% | +14.7% | +17.2% | |
| Q2 2022 | -11.3% | -13.7% | -17.3% | |
| Q1 2022 | +10.4% | +6.9% | +9.3% | |
| Q4 2021 | -4.0% | -6.5% | +1.6% | |
| Q3 2021 | +6.6% | +8.8% | +6.1% | |
| Q2 2021 | +7.1% | +8.1% | +8.3% | |
| Q1 2021 | +6.1% | +4.5% | -1.6% | |
| Q4 2020 | -6.2% | -9.1% | -8.3% | |
| Q3 2020 | +6.0% | +8.7% | +13.6% | |
| Q2 2020 | +11.6% | +14.4% | +18.9% | |
| Q1 2020 | -2.4% | -3.3% | +4.8% | |
| Q4 2019 | +1.5% | +5.1% | -26.5% | |
| Q3 2019 | -0.3% | -2.9% | -3.5% | |
| Q2 2019 | +1.3% | -2.8% | -1.7% | |
| Q1 2019 | +3.6% | +1.3% | +4.8% | |
| Q4 2018 | -6.5% | -6.7% | -14.4% | |
| Q3 2018 | -4.4% | +0.5% | +6.1% | |
| Q2 2018 | +4.7% | +4.4% | +13.6% | |
| Q1 2018 | -2.4% | -4.5% | -2.1% | |
| Q4 2017 | -0.2% | +3.1% | +2.6% | |
| Q3 2017 | +4.8% | +4.4% | +5.8% | |
| Q2 2017 | +2.6% | +1.4% | +3.7% | |
| Q1 2017 | +3.9% | +1.5% | +0.9% | |
| Q4 2016 | +7.8% | +6.3% | +5.0% | |
| Q3 2016 | -2.3% | -2.1% | +4.2% | |
| Q2 2016 | -1.6% | -4.4% | -6.0% | |
| Q1 2016 | +4.1% | — | — | |
| Q4 2015 | -2.2% | — | — | |
| Q3 2015 | -2.7% | — | — | |
| Q2 2015 | +1.1% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | +6.6% | — | — | |
| Q3 2014 | -1.8% | — | — | |
| Q2 2014 | +5.2% | — | — | |
| Q1 2014 | +2.5% | — | — | |
| Q4 2013 | +4.1% | — | — | |
| Q3 2013 | -4.1% | — | — | |
| Q2 2013 | -0.3% | — | — | |
| Q1 2013 | +5.4% | — | — | |
| Q4 2012 | +5.0% | — | — | |
| Q3 2012 | +5.4% | — | — | |
| Q2 2012 | +5.5% | — | — | |
| Q1 2012 | -2.0% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -4.2% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2011 | +5.0% | — | — | |
| Q4 2010 | -0.1% | — | — | |
| Q3 2010 | -2.0% | — | — | |
| Q3 2009 | -2.0% | — | — | |
| Q2 2009 | +2.8% | — | — | |
| Q4 2009 | +2.8% | — | — | |
| Q2 2010 | +2.8% | — | — |
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