Service Corp Intl SCI reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Service Corp Intl beat estimated earnings by 2.44%, reporting an EPS of $0.84 versus an estimate of $0.82.
Revenue was up $3.32 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.37 which was followed by a 11.39% increase in the share price the next day.
Here's a look at Service Corp Intl's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.97 | 0.97 | 0.60 | 0.67 |
EPS Actual | 1.34 | 1.17 | 1.16 | 0.92 |
Revenue Estimate | 1.00B | 988.81M | 876.47M | 854.20M |
Revenue Actual | 1.11B | 1.04B | 1.03B | 987.53M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Service Corp Intl management provided guidance for FY 2022, expecting earnings between $3.3 and $3.7 per share.
To track all earnings releases for Service Corp Intl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.