Service Corp. International Q3 adjusted earnings Beat Estimates

Service Corp. International (SCI) reported earnings for its third quarter that climbed from last year.

The company's bottom line totaled $209.9 million, or $1.23 per share. This compares with $127.4 million, or $0.72 per share, in last year's third quarter.

Excluding items, Service Corp. International reported adjusted earnings of $197.7 million or $1.16 per share for the period.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.0% to $1.03 billion from $0.92 billion last year.

Service Corp. International earnings at a glance:

-Earnings (Q3): $197.7 Mln. vs. $140.6 Mln. last year.
-EPS (Q3): $1.16 vs. $0.79 last year.
-Analysts Estimate: $0.60
-Revenue (Q3): $1.03 Bln vs. $0.92 Bln last year.

Next quarter EPS guidance: $0.74 - $1.04
Full year EPS guidance: $4.15 - $4.45

For comments and feedback contact: editorial@rttnews.com

Follow RTT