Service Corp. International (SCI) announced a profit for third quarter that beat the Street estimates.
The company's earnings came in at $117.83 million, or $0.81 per share. This compares with $121.97 million, or $0.80 per share, in last year's third quarter.
Excluding items, Service Corp. International reported adjusted earnings of $115.3 million or $0.79 per share for the period.
Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.2% to $1.013 billion from $1.001 billion last year.
Service Corp. International earnings at a glance (GAAP) :
-Earnings (Q3): $117.83 Mln. vs. $121.97 Mln. last year.-EPS (Q3): $0.81 vs. $0.80 last year.-Revenue (Q3): $1.013 Bln vs. $1.001 Bln last year.
-Guidance:Next quarter EPS guidance: $1.00 - $1.10Full year EPS guidance: $3.47 - $3.57
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.