SCI

HOUSTON, Aug. 5, 2026 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved a quarterly cash dividend of thirty-six cents per share of common stock. The quarterly cash dividend announced today is payable on September 30, 2026 to shareholders of record at the close of business on September 15, 2026. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance. Cautionary Statement on Forward-Looking StatementsThe statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements have been made in reliance on the "safe harbor" protections provided under the Private Securities Litigation Reform Act of 1995. These statements may be accompanied by words such as "believe," "estimate," "project," "expect," "anticipate," or "predict," that convey the uncertainty of future events or outcomes. These statements are based on assumptions that we believe are reasonable; however, many important factors could cause our actual results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of us. There can be no assurance that future dividends will be declared. The actual declaration of future dividends, and the establishment of record and payment dates, is subject to final determination by our Board of Directors each quarter after its review of our financial performance. Important factors which could cause actual results to differ materially from those in forward-looking statements include, among others, restrictions on the payment of dividends under existing or future credit agreements or other financing arrangements; changes in tax laws relating to corporate dividends; a determination by the Board of Directors that the declaration of a dividend is not in the best interests of the Company and its shareholders; an increase in our cash needs or a decrease in available cash; or a deterioration in our financial condition or results. For further information on these and other risks and uncertainties, see our Securities and Exchange Commission filings, including our 2025 Annual Report on Form 10-K. Copies of this document as well as other SEC filings can be obtained from our website at http://www.sci-corp.com. We assume no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise. About Service Corporation International Service Corporation International (NYSE: SCI), headquartered in Houston, Texas, is North America's leading provider of funeral, cemetery and cremation services, as well as final-arrangement planning in advance, serving approximately 700,000 combined preneed and atneed families each year. Our diversified portfolio of brands provides families and individuals a full range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Our Dignity Memorial® brand is the name families turn to for professionalism, compassion, and attention to detail that is second to none. At June 30, 2026, we owned and operated 1,495 funeral service locations and 505 cemeteries (of which 316 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. For more information about Service Corporation International, please visit our website at www.sci-corp.com. For more information about Dignity Memorial®, please visit www.dignitymemorial.com. View original content:https://www.prnewswire.com/news-releases/service-corporation-international-declares-quarterly-cash-dividend-302843919.html

Interested in Service Corporation International? Here are five stocks we like better. Q2 adjusted EPS rose to $0.90 from $0.88 a year earlier, supported by cemetery revenue and trust-fund income despite lower funeral volumes and deferred cemetery revenue. SCI maintained its $4.20 full-year EPS midpoint and narrowed its outlook to $4.10–$4.30. Cemetery performance remained strong, with comparable revenue up 5% and preneed sales production increasing 8%. Funeral volumes declined 1.7% but showed improvement through the quarter, reaching roughly flat growth in preliminary July results. SCI raised its 2026 adjusted operating cash-flow midpoint by $50 million to $1.085 billion and expects approximately $750 million in free cash flow. The company returned $172 million to shareholders during the quarter through buybacks and dividends while ending with about $1.6 billion in liquidity. 3 Dividend-Backed Consumer Staples to Reinforce Your Portfolio Service Corporation International (NYSE:SCI) reported second-quarter 2026 earnings per share of $0.90, up from $0.88 a year earlier, as growth in cemetery revenue and trust fund income more than offset pressure from lower funeral volumes and deferred cemetery revenue. Chairman and Chief Executive Officer Tom Ryan said the company expects stronger performance in the second half, forecasting solid revenue growth and margin expansion in both funeral and cemetery operations compared with the second half of 2025. SCI confirmed the $4.20 midpoint of its full-year adjusted EPS outlook and narrowed its guidance range to $4.10 to $4.30 per share. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now 4 Buy-and-Hold-Forever Stocks Available at a Bargain Comparable cemetery revenue rose $23 million, or about 5%, from the prior-year quarter. Core cemetery revenue increased $14 million, driven principally by a $15 million increase in recognized preneed revenue, including higher property revenue as well as merchandise and services revenue. Other cemetery revenue increased $8 million, primarily due to higher endowment care trust fund income. Comparable preneed cemetery sales production increased $29.7 million, or 8%, during the quarter. Core sales accounted for $24.4 million of the increase, while large sales added $5.3 million. Ryan said SCI’s sales strategy centers on expanding sales counselor headcount, improving lead effectiveness, increasing preneed seminars and growing large sales. → Microsoft Just Flipped the AI Spending Narrative Overnight Cemetery gross profit increased $7 million, or 4%, while the margin remained roughly flat at 33%. Ryan said selling compensation weighed on current margins because compensation is recognized as incurred while a significant portion of the related preneed revenue is deferred. The company expects revenue coming out of backlog in future periods to carry lower associated selling compensation expense and higher relative margins. SCI said large cemetery sales approached $50 million in the second quarter. President Jay Waring said the company has focused training on sales in the roughly $100,000 to $900,000 range, rather than relying solely on the largest private mausoleum transactions. → Carrier Earnings Could Send the Stock to a New All-Time High Comparable funeral revenue increased $5 million, or about 1%, in the quarter. Comparable core funeral revenue rose $7 million, or approximately 1.5%, as a 3.3% increase in core average revenue per service offset a 1.7% decline in core funeral volume. Ryan said funeral-volume declines moderated during April and May, followed by slight growth in June. Preliminary July results indicated volumes were approximately flat from the prior year, he said. Non-funeral home revenue increased more than $2 million, aided by a 9% increase in average revenue per service. However, non-funeral home preneed sales revenue declined $5 million because SCI shifted urn deliveries on preneed contracts to the time of need. Ryan said the transition, completed late in 2025, is nearing its anniversary and should reduce the comparison impact over time. Funeral gross profit declined about $7 million, with the gross margin falling 130 basis points to 18.5%. Management cited the effects of limited revenue growth in a high-fixed-cost business, as well as higher selling compensation tied to insurance-funded preneed sales. SCI has shifted more funeral preneed contracts from trust-funded products to insurance-funded products, which results in more selling compensation being recognized in the current period under GAAP. Preneed funeral sales production rose $20 million, or 6.6%, with core preneed sales production increasing 8.3%. Ryan said the company expects selling-compensation comparisons to stabilize following the anniversary of its shift toward insurance products. He said SCI is operating at a steady-state mix of insurance-funded contracts in the low 90% range for SCI Direct and in the 70% range for its core funeral business. Executive Vice President and Chief Financial Officer Eric Tanzberger said adjusted operating cash flow totaled about $239 million in the second quarter, up $71 million, or 42%, from the prior year. The increase reflected $7 million of higher operating-income cash flow and $64 million of lower cash taxes, largely due to a renewable-energy investment credit. Stronger cemetery preneed cash collections contributed about $36 million of working-capital benefit, which was largely offset by a roughly $37 million working-capital use associated primarily with the timing of an additional payroll funding, according to Tanzberger. SCI raised the midpoint of its 2026 adjusted operating cash flow outlook by $50 million to $1.085 billion, citing better-than-expected working-capital sources from cemetery down payments and installment receipts. The company also increased maintenance capital expenditure guidance by $10 million to $335 million. Based on those figures, SCI expects adjusted free cash flow of $750 million for 2026, up 18% from $637 million in 2025. Tanzberger said that on a normalized cash-tax basis, free cash flow would be about $680 million, still a 7% increase from the prior year. SCI invested $120 million during the quarter in maintenance projects, cemetery development, growth initiatives and acquisitions. The company spent $15 million on acquisitions that added funeral and cemetery locations in California, Georgia and Delaware, bringing year-to-date acquisition investment to nearly $40 million. SCI maintained its full-year acquisition investment target of $75 million to $125 million. The company returned $172 million to shareholders in the quarter through $123 million of share repurchases and just under $50 million in dividends. SCI repurchased more than 1.5 million shares at an average price of approximately $76 per share. Subsequent to quarter-end, it repurchased another 330,000 shares for about $26 million. SCI ended the quarter with approximately $1.6 billion of liquidity, including $260 million of cash and nearly $1.4 billion available under its long-term bank credit facility. Its net debt-to-EBITDA leverage ratio was 3.77, within its long-term target range of 3.5 times to 4 times. Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products. Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Service Corporation International Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Service Corporation International SCI posted results for the second quarter of 2026, wherein both top and bottom lines beat the Zacks Consensus Estimate and increased year over year. SCI reported adjusted earnings of 90 cents per share, which beat the Zacks Consensus Estimate of 89 cents. The metric increased 2.3% from adjusted earnings of 88 cents per share in the year-ago quarter. Service Corporation International price-consensus-eps-surprise-chart | Service Corporation International Quote Total revenues of $1,103.3 million increased 4% from $1,065.4 million in the year-ago quarter. Revenues beat the Zacks Consensus Estimate of $1,081 million.Gross profit rose 0.8% to $273.5 million from $271.4 million last year. The gross margin increased 70 basis points to 24.8%.Corporate general and administrative expenses were $41.8 million compared with $49.5 million in the prior-year period. Operating income rose 3.2% to $231.6 million from $224.5 million in the year-ago quarter. Funeral: Total funeral revenues reached $604.8 million, up from $591.4 million in the second quarter of 2025. Gross profit decreased to $110.3 million from $116 million a year ago, while the gross margin was 18.2% compared with 19.6% in the prior-year quarter. SCI performed 87,347 funeral services, slightly higher than 87,014 services in the year-ago quarter. Average revenue per service increased 3.1% to $5,985 from $5,807.Comparable funeral revenues jumped 0.9% year over year to $592.9 million. Comparable core revenues rose 1.5%, supported by a 3.3% increase in core average revenue per service, partially offset by a 1.7% decline in core services performed.Comparable funeral gross profit decreased 5.8% to $109.8 million, and the gross margin contracted 130 basis points to 18.5%.Comparable preneed funeral sales production rose 6.6% to $323.3 million, reflecting an 8.3% increase in core preneed sales production.Cemetery: Total cemetery revenues were $498.5 million, up from $474.1 million in the second quarter of 2025. Gross profit increased 5% to $163.2 million from $155.5 million, while the gross margin decreased 10 basis points to 32.7%.Comparable cemetery revenues increased 4.8% to $496.9 million, driven by higher core revenues and higher other revenues. Comparable gross profit rose 4.3% to $162.2 million, and the gross margin decreased 20 basis points to 32.6%.Comparable preneed cemetery sales production increased 8% to $399.5 million, driven by a higher number of contracts sold, an increase in average sales value and greater contributions from large sales. The company ended the quarter with cash and cash equivalents of $260.4 million, long-term debt of $5,108 million and total equity of $1,537.8 million.Net cash provided by operating activities was $238.7 million and adjusted cash provided by operating activities was $238.8 million in the second quarter. Total capital expenditure was $95.7 million, including $29.6 million for capital improvements at existing field locations, $44.5 million for the development of cemetery property, $6 million for digital investments and corporate initiatives, and $15.6 million for growth capital expenditure related to new funeral service locations. The company confirmed the mid-point of its 2026 earnings guidance and raised the cash flow outlook. The mid-point of earnings per share (EPS) guidance is $4.20, while the range has been narrowed to $4.10-$4.30 from the previously stated $4.05-$4.35. At the midpoint, the company expects adjusted earnings growth within its long-term target of 8-12%.The company’s cash flow guidance has been increased. Net cash provided by operating activities, excluding special items and cash taxes, is projected in the range of $1,175-$1,235 million, up slightly from the prior stated $1,125-$1,185 million. After accounting for cash taxes, net cash provided by operating activities, excluding special items, is expected between $1,055 million and $1,115 million, compared with the previously mentioned $1,005-$1,065 million.The company expects maintenance capital expenditures of approximately $335 million in 2026.This Zacks Rank #2 (Buy) stock has gained 7.4% in the past three months compared with the industry’s growth of 4.6%. Image Source: Zacks Investment Research Carriage Services, Inc. CSV provides funeral and cemetery services, and merchandise in the United States. It currently has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for Carriage Services’ current fiscal-year sales and earnings implies growth of 6.1% and 8.4%, respectively, from the prior-year reported levels. CSV delivered a trailing four-quarter earnings surprise of 0.5%, on average.Darling Ingredients Inc. DAR develops, produces and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America and internationally. At present, Darling Ingredients holds a Zacks Rank of 2. DAR delivered a trailing four-quarter earnings surprise of 16.1%, on average.The consensus estimate for Darling Ingredients’ current fiscal-year sales and earnings implies growth of 13.2% and 642.7%, respectively, from the year-ago figures. US Foods Holding Corp. USFD engages in the marketing, sale and distribution of fresh, frozen and dry food and non-food products to foodservice customers in the United States. USFD currently carries a Zacks Rank #2. US Foods Holding delivered a trailing four-quarter earnings surprise of 1.4%, on average.The Zacks Consensus Estimate for US Foods Holding’s current fiscal-year sales and earnings implies growth of 5.1% and 16.3%, respectively, from the year-ago figures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Service Corporation International (SCI) : Free Stock Analysis Report Darling Ingredients Inc. (DAR) : Free Stock Analysis Report Carriage Services, Inc. (CSV) : Free Stock Analysis Report US Foods Holding Corp. (USFD) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Service Corp. (SCI) reported $1.1 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 3.6%. EPS of $0.90 for the same period compares to $0.88 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.08 billion, representing a surprise of +2.04%. The company delivered an EPS surprise of +1.12%, with the consensus EPS estimate being $0.89. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Service Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total comparable funeral average revenue per service: $6,016.00 compared to the $6,011.61 average estimate based on two analysts. Funeral services performed: 87,347 versus 85,320 estimated by two analysts on average. Revenue- Funeral: $604.8 million versus $594.3 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.3% change. Revenue- Cemetery: $498.5 million versus the three-analyst average estimate of $486.93 million. The reported number represents a year-over-year change of +5.2%. Revenue- Cemetery- Core: $452.3 million compared to the $447.25 million average estimate based on two analysts. The reported number represents a change of +3.5% year over year. Revenues - Cemetery - Total recognized preneed revenue: $341.6 million versus the two-analyst average estimate of $337.91 million. Revenue- Cemetery- Core- Atneed: $110.7 million versus the two-analyst average estimate of $109.34 million. The reported number represents a year-over-year change of -0.3%. Revenue- Funeral- Core general agency and other: $60.1 million compared to the $58.66 million average estimate based on two analysts. The reported number represents a change of +0.7% year over year. Revenue- Funeral- Non-funeral home preneed sales: $21.2 million versus the two-analyst average estimate of $26.34 million. The reported number represents a year-over-year change of -19.7%. Revenue- Cemetery- Other: $46.2 million versus the two-analyst average estimate of $39.76 million. The reported number represents a year-over-year change of +25.2%. Gross profit- Funeral: $110.3 million compared to the $107.78 million average estimate based on three analysts. Gross profit- Cemetery: $163.2 million compared to the $163.77 million average estimate based on three analysts. View all Key Company Metrics for Service Corp. here>>> Shares of Service Corp. have returned +11.9% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Service Corporation International (SCI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved high single-digit growth in preneed cemetery and funeral sales production, driven by a strategic focus on sales counselor headcount and lead-to-sale effectiveness. Managed funeral volume declines through disciplined expense management, utilizing labor efficiency dashboards to keep salary cost growth below inflationary levels. Transitioned to a higher proportion of insurance-funded preneed contracts, which impacted near-term margins due to GAAP accounting for selling compensation but stabilizes future cash flows. Leveraged strong cemetery trust fund performance and endowment care income to bolster overall revenue, benefiting from double-digit market returns over the past three years. Implemented a strategic shift to defer preneed urn deliveries to the time of need, a transition that created a temporary $5 million headwind but is nearing its anniversary. Utilized AI-driven training tools to enhance sales counselor performance, focusing on standardized role-play and immediate feedback to improve closing rates across the network. Expects double-digit earnings per share growth in the second half of 2026, supported by margin expansion in both Funeral and Cemetery segments. Anticipates funeral volume stabilization in the back half of the year, with preliminary July data showing volumes approximately flat compared to the prior year. Projects mid-to-high single-digit preneed cemetery sales growth for the remainder of the year, primarily driven by core sales velocity rather than large individual sales. Assumes a normalized cash tax rate of 24% to 25% in the future, though 2026 will remain lower at 15% to 16% due to solar tax credit investments. Maintains a full-year acquisition investment target of $75 million to $125 million, supported by a healthy pipeline and $1.6 billion in total liquidity. Recognized a $64 million cash tax benefit in the quarter stemming from renewable energy investment credits, significantly boosting operating cash flow. Established a cancellation reserve related to a transition between insurance vendors, which created a temporary 200 basis point headwind to funeral margins. Noted that recognized selling compensation for cemetery property was front-loaded relative to deferred revenue, creating a temporary margin burden that will reverse as backlog is delivered. Identified potential macro headwinds, such as a recession, as a risk factor that could impact the velocity of preneed arrangements despite current strong momentum. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management explained the shift is primarily a retention tool designed to attract and keep high-quality sales talent by providing more stability during the learning phase. The strategy is one of four pillars—including counselor headcount, lead conversion, seminars, and large sales—aimed at driving production growth. Confidence stems from five consecutive quarters of strong velocity and a specific focus on the cremation consumer, which management views as a greenfield opportunity. The rollout of new cemetery products tailored for cremation customers is expected to be completed across all markets by early 2027. Management noted that the $8 billion trust portfolio benefits from both market returns and the increasing base value of newer, better-priced contracts entering the backlog. While returns are lumpy, the current mix of insurance and trust-funded products provides a diversified cash flow stream that supports long-term margin targets. Management believes the industry is on the cusp of seeing demographic tailwinds, though short-term comparisons are affected by the normalization of excess deaths seen during the pandemic. July volumes are tracking flat, which is an improvement over the declines seen in the first quarter of 2026.

Conference call on Thursday, July 30, 2026, at 8:00 a.m. Central Time. HOUSTON, July 29, 2026 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the second quarter of 2026. Second Quarter Highlights: Consolidated revenue grew $37.8 million, or 4%, over the second quarter of 2025 Comparable total funeral sales average grew 3% over the second quarter of 2025 Comparable cemetery preneed sales production increased 8% in the current quarter Comparable funeral preneed sales production increased 7% in the current quarter GAAP earnings per share was $0.90 compared to $0.86 in the second quarter of 2025 Adjusted earnings per share was $0.90 compared to $0.88 in the second quarter of 2025 Net cash provided by operating activities increased $72.2 million, or 43%, to $238.7 million in the current quarter compared to $166.5 million in the prior-year quarter Adjusted cash provided by operating activities increased $70.5 million, or 42%, to $238.8 million in the current quarter compared to $168.3 million in the prior year Tom Ryan, the Company's Chairman and CEO, commented on the second quarter performance: "Today, we reported adjusted earnings per share of $0.90 and adjusted net cash provided by operating activities of $238.8 million, both ahead of the prior year and our expectations. Our funeral segment benefited from a continued strong average revenue per service which more than offset a better-than-expected 1% decline in funeral services performed. Our cemetery segment continued to perform well, generating 5% growth in comparable cemetery revenue. The growth was primarily driven by higher recognized preneed merchandise and service revenue, as well as higher other revenue, both of which reflected impressive earnings growth from our cemetery trust funds. Additionally, recognized preneed property revenue grew 2%, while preneed property production grew 7%. This dynamic puts temporary pressure on cemetery gross margins but expands our backlog with higher-margin deferred property sales, which will benefit us in future periods. Preneed funeral sales production also remained strong, increasing 7% on a comparable basis, reinforcing the long-term strength of our preneed strategy and helping to build our backlog of future revenue. We remain focused on executing our long-term growth strategy by growing revenue, leveraging our scale, and allocating capital in a disciplined manner to create long-term shareholder value. Our consistent cash generation continues to provide the financial flexibility to invest in strategic acquisitions, expand and develop our cemetery portfolio, pursue attractive real estate opportunities, and construct new funeral homes. Thus far this year, we returned $363 million to shareholders through dividends and share repurchases, reflecting our continued commitment to balanced capital allocation. This balanced capital allocation strategy positions us to deliver sustainable growth and create long-term shareholder value. Finally, I would like to thank our more than 25,000 associates for their unwavering commitment to serving client families with compassion, professionalism, and excellence. Their dedication is the foundation of our success and continues to distinguish SCI every day." Details of our second quarter 2026 financial results and the unaudited consolidated financial statements can be found in the Appendix at the end of this press release. The table below summarizes our key financial results. Diluted earnings per share was $0.90 in the second quarter of 2026 compared to $0.86 in the second quarter of 2025. The current year quarter was impacted by $0.1 million of net losses on divestitures and impairment charges compared to $4.1 million of net gains in the prior year. The prior year also included a $6.4 million charge related to the settlement of certain legal matters and a $1.6 million restructuring charge. Diluted earnings per share, excluding special items, was $0.90 in the second quarter of 2026 compared to $0.88 in the second quarter of 2025. Higher cemetery gross profit combined with a lower share count more than offset lower funeral gross profit. Net cash provided by operating activities increased $72.2 million, or 43%, to $238.7 million in the second quarter of 2026. Adjusted cash provided by operating activities increased $70.5 million, or 42%, to $238.8 million in the current quarter compared to $168.3 million in the prior year primarily due to a reduction in cash taxes and strong operating cash receipts from increased preneed cemetery sales production. CONFIRMED 2026 EPS GUIDANCE AND RAISED 2026 CASH FLOW GUIDANCE The $4.20 midpoint of our annual guidance range for 2026 detailed below is confirmed with a more narrow range expected for adjusted earnings per share of $4.10 to $4.30. Our cash flow outlook at the midpoint has increased $50 million from $1,035 million to $1,085 million due to stronger cemetery preneed cash receipts. Additionally, we increased our total maintenance capital expenditures by $10 million to $335 million. Our outlook for diluted earnings per share from continuing operations excluding special items, at the midpoint of our guidance range, is anticipated to be within our expected long-term growth framework of 8%-12%. CONFERENCE CALL AND WEBCAST We will host a conference call on Thursday, July 30, 2026, at 8:00 a.m. Central Time. A question and answer session will follow prepared remarks made by management. The conference call dial-in numbers are (888) 317-6003 (US) or (412) 317-6061 (International) with the passcode of 7565620. The conference call will also be broadcast live via the Internet and can be accessed through our website at www.sci-corp.com. A replay of the conference call will be available through August 6, 2026 and can be accessed at (855) 669-9658 (US) or (412) 317-0088 (International) with the passcode of 1797873. Additionally, a replay of the conference call will be available on our website for approximately three months. ABOUT SERVICE CORPORATION INTERNATIONAL Service Corporation International (NYSE: SCI), headquartered in Houston, Texas, is North America's leading provider of funeral, cemetery and cremation services, as well as final-arrangement planning in advance, serving approximately 700,000 combined preneed and atneed families each year. Our diversified portfolio of brands provides families and individuals a full range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Our Dignity Memorial® brand is the name families turn to for professionalism, compassion, and attention to detail that is second to none. At June 30, 2026, we owned and operated 1,495 funeral service locations and 505 cemeteries (of which 316 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. For more information about Service Corporation International, please visit our website at www.sci-corp.com. For more information about Dignity Memorial®, please visit www.dignitymemorial.com. CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS The statements in this press release that are not historical facts are forward-looking statements made in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. These statements may be accompanied by words such as "believe", "estimate", "project", "expect", or "anticipate", "predict" that convey the uncertainty of future events or outcomes. These statements are based on assumptions that we believe are reasonable; however, many important factors could cause our actual results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. These factors are discussed below. Except as required by applicable law, we assume no obligation and make no undertaking to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by the Company, whether as a result of new information, future events, or otherwise. Our affiliated trust funds own investments in securities, which are affected by market conditions that are beyond our control. We may be required to replenish our affiliated funeral and cemetery trust funds to meet minimum funding requirements, which would have a negative effect on our earnings and cash flow. Our ability to execute our strategic plan depends on many factors, some of which are beyond our control. We may be adversely affected by the effects of inflation. Our results may be adversely affected by significant weather events, natural disasters, catastrophic events, or public health crises. Our credit agreements contain covenants that may prevent us from engaging in certain transactions. If we lost the ability to use surety bonding to support our preneed activities, we may be required to make material cash payments to fund certain trust funds. The financial condition of third-party insurance companies that fund our preneed contracts may impact our future revenue. Unfavorable publicity could affect our reputation and business. Our failure to attract and retain qualified sales personnel and licensed funeral professionals could have an adverse effect on our business and financial condition. We use a combination of insurance, self-insurance, and large deductibles in managing our exposure to certain inherent risks; therefore, we could be exposed to unexpected costs that could negatively affect our financial performance. Declines in overall economic conditions beyond our control could reduce future potential earnings and cash flows and could result in future impairments to goodwill and/or other intangible assets. Any failure to protect personal information relating to our customers, their loved ones, our associates, and our vendors could damage our reputation, could cause us to incur substantial additional costs and to become subject to litigation, and could adversely affect our operating results, financial condition, or cash flow. A failure of a key information technology system or process could disrupt and adversely affect our business. Our Canadian business exposes us to operational, economic, and currency risks. Our level of indebtedness could adversely affect our cash flows, our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industry, and may prevent us from fulfilling our obligations under our indebtedness. The funeral and cemetery industry is competitive. If the number of deaths in our markets declines, our cash flows and revenue may decrease. Changes in the number of deaths are not predictable from market to market or over the short term. If we are not able to respond effectively to changing consumer preferences, our market share, revenue, and/or profitability could decrease. The continuing upward trend in life expectancy and an increase in the number of cremations performed in North America could result in lower revenue, operating profit, and cash flows. Our funeral and cemetery businesses are high fixed-cost businesses. Risks associated with our supply chain, such as tariffs, could materially adversely affect our financial performance. Regulation and compliance could have a material adverse impact on our financial results. Unfavorable results of litigation could have a material adverse impact on our financial statements. Cemetery burial practice claims could have a material adverse impact on our financial results. The application of unclaimed property laws by certain states to our preneed funeral and cemetery backlog could have a material adverse impact on our liquidity, cash flows, and financial results. Changes in taxation, or the interpretation of tax laws or regulations, as well as the inherent difficulty in quantifying potential tax effects of business decisions could have a material adverse effect on the results of our operations, financial condition, or cash flows. For further information on these and other risks and uncertainties, see our Securities and Exchange Commission filings, including our 2025 Annual Report on Form 10-K. Copies of this document as well as other SEC filings can be obtained from our website at www.sci-corp.com. SERVICE CORPORATION INTERNATIONAL APPENDIX: RESULTS FOR THE SECOND QUARTER OF 2026 Comparable Funeral Results The table below details comparable funeral results of operations ("same store") for the three months ended June 30, 2026 and 2025. We consider comparable funeral operations to be those businesses owned for the entire period beginning January 1, 2025 and ending June 30, 2026. Total comparable funeral revenue increased $5.1 million. Core funeral revenue increased $7.1 million, or 1.5%, primarily due to a 3.3% increase in core average revenue per service partially offset by a 1.7% decrease in core funeral services performed. The growth in the average revenue per service is primarily driven by consumer preferences for enhanced product and service offerings as well as an increase in trust fund income. The core cremation rate increased 60 basis points to 58.0%. Non-funeral home revenue increased $2.3 million, or 9.2%, due to an 8.7% increase in non-funeral home average revenue per service driven by increased matured preneed revenue from the backlog, combined with a 0.5% increase in non-funeral home services performed. Non-funeral home preneed sales revenue decreased $5.1 million, primarily due to an operational shift to defer the delivery of urns on preneed contracts to the time of need. This transition was completed late in 2025, and this decrease is short-term in nature as we will recognize deferred urn revenue from the backlog at the time of need as non-funeral home revenue in future periods. Core general agency and other revenue increased $0.8 million. Core general agency revenue benefited from higher insurance sales production which was largely offset by a lower general agency commission rate quarter over quarter. The current commission rate is stable and is trending in line with expectations. Comparable funeral gross profit decreased $6.8 million to $109.8 million, and the gross profit percentage declined 130 basis points from 19.8% to 18.5%. Gross profit was impacted by higher selling compensation associated with strong insurance-funded preneed sales production. Selling compensation costs associated with insurance-funded preneed sales production are expensed as incurred, while the benefit of these sales will be realized in future periods as the related funeral services are performed. Comparable funeral preneed sales production increased $19.9 million, or 6.6%, in the second quarter of 2026 compared to 2025, driven by an 8.3% increase in core preneed sales production. Comparable Cemetery Results The table below details comparable cemetery results of operations ("same store") for the three months ended June 30, 2026 and 2025. We consider comparable cemetery operations to be those businesses owned for the entire period beginning January 1, 2025 and ending June 30, 2026. Total comparable cemetery revenue increased $22.8 million, or 4.8%, in the second quarter of 2026 compared to the second quarter of 2025. The increase was due to higher core revenue of $14.4 million and higher other revenue of $8.4 million. The core revenue increase of $14.4 million was primarily due to a $15.2 million, or 4.7%, increase in total recognized preneed revenue, of which $4.8 million resulted from higher property revenue and $10.4 million from higher merchandise and service revenue. Merchandise and service revenue also reflects the positive impacts from increased trust fund income. Total recognized preneed revenue benefited from growth in comparable cemetery preneed sales production of $29.7 million, or 8.0%, a significant portion of which will benefit us in the future. Other revenue was $8.4 million higher, or 22.8%, compared to the prior-year quarter primarily from an increase in endowment care trust fund income based on market performance and higher total return distributions. Comparable cemetery gross profit increased $6.7 million to $162.2 million. The gross profit percentage decreased slightly from 32.8% to 32.6%. Gross profit was impacted by higher selling compensation, reflecting strong preneed sales production growth of 8.0%. While this strong production growth puts temporary pressure on cemetery gross margins, it grows our backlog with higher-margin deferred property sales which will benefit us in future periods. Comparable preneed cemetery sales production increased $29.7 million, or 8.0%, and was supported by an increase in the number of contracts sold and a higher sales average as well as an increase in large sales. Other Financial Results Corporate general and administrative expenses were $41.8 million in the second quarter of 2026, compared to $49.5 million in the prior year. The prior year included a $6.4 million charge related to the settlement of certain legal matters. The remaining decrease is partially due to lower auto and general liability claims in the current year. Interest expense was $64.7 million in the second quarter of 2026 compared to $64.1 million in the prior year. The average balances on our floating-rate debt increased approximately $189.0 million, partially offset by lower average floating rates decreasing from 6.8% to 5.8%, resulting in the net $0.6 million increase in interest expense. The GAAP effective income tax rate for the second quarter of 2026 was 25.1%, down from 25.2% in the prior-year quarter. On an adjusted basis, the effective tax rate was 25.2%, down from 25.4% in the prior-year quarter. The lower effective tax rate in the current period was primarily due to non-taxable gains on the cash surrender value of certain life insurance policies. Net cash provided by operating activities excluding special items grew $70.5 million to $238.8 million in the second quarter of 2026 compared to $168.3 million in the second quarter of 2025. The increase is driven by higher operating income of $7.1 million, and a reduction in cash taxes of $64.3 million, due primarily to credits associated with a renewable energy investment. The related renewable energy investment resulted in a $40.7 million investing cash outflow in the current quarter. Working capital remained essentially flat overall; however, we saw an improvement of $36.4 million in preneed working capital. This improvement was primarily driven by collections associated with higher preneed cemetery sales production (for which revenue recognition was deferred) as well as higher collection rates compared to the prior year. This was offset by $37.3 million in higher accounts payable and other working capital uses due to the timing of an additional payroll cycle within the period compared to the prior year. We expect the favorable preneed cemetery collection rates to continue in the back half of 2026, resulting in our increasing cash flow guidance. A summary of our capital expenditures is set forth below: Total capital expenditures increased $12.7 million in the current quarter, primarily due to the timing of spend on the development of high-returning cemetery property during the quarter. Trust Fund Returns Total trust fund returns include realized and unrealized gains and losses and dividends and are shown gross without netting of certain fees. A summary of our consolidated trust fund returns as of June 30, 2026 is set forth below: Non-GAAP Financial Measures Earnings excluding special items, diluted earnings per share excluding special items, and net cash provided by operating activities excluding special items shown above are non-GAAP financial measures. We believe these non-GAAP financial measures provide a consistent basis for comparison between quarters and years, and better reflect the performance of our core operations by adjusting for the items listed below. We also believe these measures help facilitate comparisons to our competitors' operating results. Set forth below is a reconciliation of our reported net income attributable to common stockholders to earnings excluding special items and our GAAP diluted earnings per share to diluted earnings per share excluding special items. See "Cash Flow and Capital Spending" in this press release for a reconciliation of net cash provided by operating activities to net cash provided by operating activities excluding special items. We do not intend for this information to be considered in isolation or as a substitute for other measures of performance prepared in accordance with GAAP. View original content:https://www.prnewswire.com/news-releases/service-corporation-international-announces-second-quarter-2026-financial-results-confirms-2026-earnings-per-share-midpoint-guidance-and-raises-2026-cash-flow-guidance-302838205.html

Service Corp. (SCI) came out with quarterly earnings of $0.9 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.12%. A quarter ago, it was expected that this funeral home and cemetery operator would post earnings of $1 per share when it actually produced earnings of $0.97, delivering a surprise of -3%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Service Corp., which belongs to the Zacks Funeral Services industry, posted revenues of $1.1 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.04%. This compares to year-ago revenues of $1.07 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Service Corp. shares have added about 9% since the beginning of the year versus the S&P 500's gain of 8.5%. While Service Corp. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Service Corp. was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.97 on $1.09 billion in revenues for the coming quarter and $4.15 on $4.43 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Funeral Services is currently in the top 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Carriage Services (CSV), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5. This provider of funeral and cemetary services and products is expected to post quarterly earnings of $0.82 per share in its upcoming report, which represents a year-over-year change of +10.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Carriage Services' revenues are expected to be $109.05 million, up 6.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Service Corporation International (SCI) : Free Stock Analysis Report Carriage Services, Inc. (CSV) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Funeral services company Service International (NYSE:SCI) will be reporting earnings this Wednesday after the bell. Here’s what you need to know. Service International met analysts’ revenue expectations last quarter, reporting revenues of $1.10 billion, up 2.1% year on year. It was a mixed quarter for the company, with full-year EPS guidance meeting analysts’ expectations but a significant miss of analysts’ EPS estimates. It reported 93,686 funeral services performed, down 4.3% year on year. Is Service International a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Service International’s revenue to grow 1.7% year on year, slowing from the 3% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Service International has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Service International’s peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Pool delivered year-on-year revenue growth of 2.2%, meeting analysts’ expectations, and AMC Entertainment reported revenues up 14.2%, topping estimates by 8.7%. Pool traded down 6.3% following the results while AMC Entertainment was up 13.4%. Read our full analysis of Pool’s results here and AMC Entertainment’s results here. In the last year or so, investors have shifted their focus from one macro dynamic to the next (AI disintermediation and AI investment to geopolitical conflict, interest rates, and the health of the wider economy). While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2% on average over the last month. Service International is up 8.2% during the same time and is heading into earnings with an average analyst price target of $96.33 (compared to the current share price of $82.80). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.

Service Corporation International SCI is likely to witness top-line growth when it reports second-quarter 2026 earnings on July 29. The Zacks Consensus Estimate for revenues is pegged at $1.1 billion, indicating an increase of about 1% from the prior-year quarter’s reported figure.The consensus mark for earnings has remained unchanged over the past 30 days at 87 cents a share, which suggests a decline of 1.1% from the figure reported in the year-ago period. SCI has a trailing four-quarter surprise of 1.7%, on average. Service Corporation International price-consensus-eps-surprise-chart | Service Corporation International Quote SCI’s cemetery performance is likely to have benefited from sustained preneed sales momentum. Investments in salesforce retention and hiring, improved lead quality, expanded seminars and community-based outreach are likely to have continued to support contract velocity and customer reach beyond funeral-home-generated leads.Funeral revenues are anticipated to have benefited from disciplined pricing and favorable average revenue per service. Management previously stated that average revenue per service was expected to continue benefiting from older preneed contracts maturing, with accumulated trust earnings and newer, higher-value contracts entering the backlog.However, funeral service volumes are likely to have remained a key headwind. Management indicated that April volumes were still down, though the decline was less severe than in the first quarter, and expected improvement only gradually through the quarter. The company’s high fixed-cost structure may also have limited margin expansion if funeral volumes remained soft. Higher selling compensation tied to preneed production and elevated cemetery maintenance costs could have added to margin pressure. Our proven model doesn’t conclusively predict an earnings beat for SCI this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. SCI currently carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.Archer-Daniels-Midland Company ADM currently has an Earnings ESP of +11.52% and a Zacks Rank of 2. The consensus estimate for ADM’s quarterly revenues is pinned at $22.4 billion, which calls for 5.7% growth from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Archer-Daniels’ upcoming quarter’s EPS is pegged at $1.27, which implies a 36.6% rise year over year. ADM delivered a trailing four-quarter earnings surprise of 5.4%, on average.Kimberly-Clark Corporation KMB currently has an Earnings ESP of +1.43% and a Zacks Rank of 3. The Zacks Consensus Estimate for Kimberly-Clark’s upcoming quarterly revenues is pegged at $4.2 billion. The figure indicates a 1.7% increase from the prior-year quarter. The Zacks Consensus Estimate for Kimberly-Clark’s quarterly earnings per share is pegged at $2.00, calling for a 4.2% gain from the year-ago period figure. KMB delivered a trailing four-quarter earnings surprise of 19.1%, on average.Monster Beverage Corporation MNST currently has an Earnings ESP of +2.61% and a Zacks Rank of 3. The consensus estimate for Monster Beverage’s quarterly revenues is pinned at $2.4 billion, which suggests 14.5% growth from the figure reported in the prior-year quarter. The Zacks Consensus Estimate for the upcoming quarter’s EPS is pegged at 59 cents, which calls for a 13.5% jump year over year. MNST delivered a trailing four-quarter earnings surprise of 9.6%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Service Corporation International (SCI) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Kimberly-Clark Corporation (KMB) : Free Stock Analysis Report Monster Beverage Corporation (MNST) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research