Recap: Service Corp Intl Q4 Earnings

Service Corp Intl SCI reported its Q4 earnings results on Monday, February 14, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Service Corp Intl beat estimated earnings by 20.62%, reporting an EPS of $1.17 versus an estimate of $0.97.

Revenue was up $73.03 million from the same period last year.

Last quarter the company beat on EPS by $0.56, which was followed by a 7.57% increase in the share price the next day.

Here's a look at Service Corp Intl's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.60	0.67	0.99	0.91
EPS Actual	1.16	0.92	1.32	1.13
Revenue Estimate	876.47M	854.20M	955.10M	962.04M
Revenue Actual	1.03B	987.53M	1.08B	970.27M

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).

Service Corp Intl management provided guidance for their next quarter, expecting earnings between $2.8 and $3.2 per share for the next quarter.

This represents a 156.41% in quarter-over-quarter growth for Service Corp Intl, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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