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.

Earnings

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.

Past Earnings Performance

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).

Guidance

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.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsBZI-Recaps
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