Stock Track | Service Corp. Shares Soar on Q3 Earnings Beat, Despite Revenue Miss

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Shares of Service Corporation International (SCI) surged 5.30% on Thursday morning, after the leading funeral services provider reported better-than-expected earnings for the third quarter of 2024, despite slightly missing revenue expectations.

For the quarter ended September 30, SCI reported adjusted earnings per share (EPS) of $0.79, exceeding analysts' consensus estimate of $0.77. This marked an improvement from the same period last year when the company posted EPS of $0.78.

However, SCI's revenue for the quarter came in at $1.01 billion, narrowly missing the average analyst forecast of $1.02 billion. The company attributed this slight revenue shortfall to challenges faced in certain markets, although specific details were not provided.

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Shares Soar on Q3 Earnings Beat, Despite Revenue Miss\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-31 21:43 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Service Corporation International (SCI) surged 5.30% on Thursday morning, after the leading funeral services provider reported better-than-expected earnings for the third quarter of 2024, ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SCI","symbol_name":"Service Corp International","start_time":0,"source_url":"","article_id":"1192193639","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1192193639","pubTimestamp":1730382187,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Service Corporation International  surged 5.30% on Thursday morning, after the leading funeral services provider reported better-than-expected earnings for the third quarter of 2024, despite slightly missing revenue expectations.For the quarter ended September 30, SCI reported adjusted earnings per share  of $0.79, exceeding analysts' consensus estimate of $0.77. 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