Service Corporation International Reports Q3 2026 Results with Lowered Full-Year EPS Guidance
Service Corporation International (SCI) reported third-quarter results for 2026, featuring an 11% increase in adjusted EPS to $0.97 and total revenue growth of 5% to $1.11 billion. While funeral and cemetery segments showed strength in preneed sales production, the company faced headwinds from a 0.5% decline in core funeral volumes and rising fixed costs related to healthcare, fuel, and media expenses. Despite strong cash flow generation of $296.9 million, management has reduced its full-year adjusted EPS guidance to a range of $3.94 to $4.04, down from the previous midpoint of $4.20. This downward revision is attributed to lower-than-expected funeral volumes and elevated expense trends. CEO Thomas Luke Ryan noted that volume declines have persisted into October, signaling ongoing pressure on core service metrics.
Tickers: $SCI
Topics: earnings report EPS guidance reduction funeral and cemetery services revenue growth