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Service Corp. International Q1 adjusted earnings Beat Estimates

Service Corp. International (SCI) released earnings for its first quarter that climbed from the same period last year.

The company's bottom line came in at $228.88 million, or $1.33 per share. This compares with $81.94 million, or $0.45 per share, in last year's first quarter.

Excluding items, Service Corp. International reported adjusted earnings of $227.9 million or $1.32 per share for the period.

Analysts had expected the company to earn $0.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 35.0% to $1.08 billion from $0.80 billion last year.

Service Corp. International earnings at a glance:

-Earnings (Q1): $227.9 Mln. vs. $78.5 Mln. last year.
-EPS (Q1): $1.32 vs. $0.43 last year.
-Analysts Estimate: $0.99
-Revenue (Q1): $1.08 Bln vs. $0.80 Bln last year.

-Guidance:
Full year EPS guidance: $2.70 - $3.00

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