Sneak Preview of Service Corporation International ($SCI) 3Q20 Earnings

Service Corporation International (NYSE:SCI) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.41 per share.

For the full year, analysts predict revenues of $ 3248.70 million, while looking forward to income of $ 1.95 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 1.78 ~ $ 2.00 per share

Click Here For More Historical Outlooks Of Service Corporation International

Previous Quarter Performance

Service Corporation International disclosed income for the second quarter of $ 0.58 per share, from the revenue of $ 820.03 million. The consensus estimates are income of $ 0.24 per share from $ 708.31 million in revenue. The bottom line results beat street analysts by $ 0.34 or 141.67 percent, at the same time, top line results outshined analysts by $ 111.72 million or 15.77 percent.

Stock Performance

Shares of Service Corporation International traded low $ -0.33 or -0.75 percent on Tuesday, reaching $ 43.60 with volume of 687.70 thousand shares. Service Corporation International has traded high as $ 44.45 and has cracked $ 43.56 on the downward trend

According to the previous trading day, closing price of $ 43.60, representing a 29.47 % increase from the 52 week low of $ 33.93 and a 16.94 % decrease over the 52 week high of $ 52.89.

The company has a market capital of $ 7.68 billion and is part of the Consumer Cyclical sector and Personal Services industry.

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.

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