Service Corp. International Q2 adjusted earnings Beat Estimates

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

The company's profit totaled $157.7 million, or $0.92 per share. This compares with $105.5 million, or $0.59 per share, in last year's second quarter.

Excluding items, Service Corp. International reported adjusted earnings of $157.4 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.4% to $987.5 million from $820.0 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q2): $157.4 Mln. vs. $104.9 Mln. last year.
-EPS (Q2): $0.92 vs. $0.58 last year.
-Analysts Estimate: $0.62
-Revenue (Q2): $987.5 Mln vs. $820.0 Mln last year.

Full year EPS guidance: $3.20 - $3.50

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