Service Corporation Q2 beats estimates on higher prices; narrows FY profit view
SCI•Outlook
- Service Corporation confirms 2026 adj EPS guidance midpoint at $4.20, narrows range to $4.10-$4.30
- Company raises 2026 cash flow guidance midpoint by $50 mln to $1,085 mln
- Service Corporation increases 2026 maintenance capital expenditures guidance to $335 mln
Overview
- US deathcare provider's Q2 revenue rose 4% yr/yr, beating analyst expectations
- Adjusted EPS for Q2 beat analyst expectations
- Company confirmed 2026 adjusted EPS guidance midpoint and raised cash flow outlook
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $1.10 bln | $1.08 bln (6 Analysts) |
| Q2 Adjusted EPS | Beat | $0.90 | $0.88 (6 Analysts) |
| Q2 EPS | $0.90 | ||
| Q2 Net Income | $124.80 mln | ||
| Q2 Operating Income | $231.60 mln |
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell". The average consensus recommendation for the personal services peer group is "buy". Wall Street's median 12-month price target for Service Corporation International is $95.00, about 11.8% above its July 28 closing price of $84.98. The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago.
