NYSE$SCI

Service Corp Intl · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported solid adjusted earnings per share and net cash provided by operating activities, while confirming full year guidance.

Service Corporation International reported second quarter 2022 results with adjusted earnings per share of $0.84 and net cash provided by operating activities of $141 million. Revenue grew slightly to $991 million. The company confirmed its full year 2022 guidance for adjusted earnings and adjusted operating cash flow.

  • Revenue grew $3 million over the prior year quarter to $991 million.
  • GAAP earnings per share were $0.82.
  • Adjusted earnings per share were $0.84.
  • Comparable average revenue per funeral service grew 1.8%.

Headline financials

Total Revenue

$991M

Previous: $988M+0.3%
EPS (adj)

$0.84

Previous: $0.92-8.7%
Funeral Average Revenue Per Service

$5.43K

Previous: $5.35K+1.4%
Comparable Preneed Cemetery Sales Growth

2.5%

Previous: 36.0%-93.1%
Free Cash Flow

$133M

Previous: $158M-15.9%
Net Income

$133M

Previous: $158M-15.9%
Operating Income

$221M

Previous: $246M-10.0%
Gross Profit

$267M

Previous: $269M-0.8%
Cash & Equivalents

$206M

Previous: $437M-52.8%
Total Assets

$14.7B

Previous: $15.3B-4.2%
Stock-Based Comp

$3.71M

Previous: $3.6M+3.3%

Revenue & EPS history

Service Corp Intl · Revenue · Quarterly

$991M

Q2 2022+0.3%vs Q2 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Service Corp Intl · $991M total across 2 segments · Q2 2022

  • Total Funeral
    $549M+3.2%
  • Total Cemetery
    $442M-3.0%

Forward guidance

The guidance provided below continues to have a wider range than usual due to the uncertainty around the impact of the COVID-19 pandemic.

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 Q2 2022

Historical avgQ2 2022

+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

Earnings price reactions
QuarterReport dateReaction (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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