NYSE$SCI

Service Corp Intl · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Service Corporation International reported strong Q4 2019 results, driven by funeral business performance and preneed sales growth.

Service Corporation International (SCI) reported Q4 2019 financial results, with GAAP earnings per share of $0.79 and adjusted earnings per share of $0.60, an 11% increase over the prior year quarter. Revenue reached $850.8 million, and the company provided an outlook for 2020 with expected adjusted earnings per share growth in the long-term targeted range of 8% to 12%.

  • GAAP earnings per share were $0.79.
  • Adjusted earnings per share grew 11% year-over-year to $0.60.
  • Comparable funeral gross profit increased by 10% on a 5% rise in revenue.
  • Comparable funeral and cemetery preneed sales production increased by 12.1% and 5.2%, respectively, compared to the prior year quarter.

Headline financials

Total Revenue

$851M

Previous: $821M+3.6%
EPS (adj)

$0.60

Previous: $0.54+11.1%
Funeral Average Revenue Per Service

$5.24K

No prior period
Funeral Services Performed

81.3K

No prior period
Funeral Gross Margin

25.6%

No prior period
Comparable Preneed Cemetery Sales Growth

5.2%

No prior period
Net Income

$147M

Previous: $193M-23.7%
Operating Income

$241M

Previous: $173M+39.5%
Gross Profit

$218M

Previous: $210M+3.6%
Cash & Equivalents

$186M

Previous: $199M-6.3%
Total Assets

$13.7B

Previous: $12.7B+7.8%
Stock-Based Comp

$3.47M

Previous: $3.89M-10.8%

Revenue & EPS history

Service Corp Intl · Revenue · Quarterly

$851M

Q4 2019+3.6%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Service Corp Intl · $851M total across 2 segments · Q4 2019

  • Total Funeral
    $492M
  • Total Cemetery
    $359M

Forward guidance

SCI anticipates diluted EPS excluding special items to align with its 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 Q4 2019

Historical avgQ4 2019

+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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