Service Corp. International (NYSE: SCI ) reported earnings on Feb. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Service Corp. International met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share expanded significantly.
Gross margins grew, operating margins dropped, net margins increased.
Revenue details
Service Corp. International booked revenue of $586.6 million. The four analysts polled by S&P Capital IQ hoped for a top line of $590.5 million. GAAP sales were 2.7% higher than the prior-year quarter's $571.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Non-GAAP EPS came in at $0.19. The four earnings estimates compiled by S&P Capital IQ predicted $0.18 per share on the same basis. GAAP EPS of $0.20 for Q4 were 33% higher than the prior-year quarter's $0.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 22.2%, 30 basis points better than the prior-year quarter. Operating margin was 17.7%, 10 basis points worse than the prior-year quarter. Net margin was 7.6%, 120 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $596.6 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $2.35 billion. The average EPS estimate is $0.70.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 173 members out of 192 rating the stock outperform, and 19 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Service Corp. International a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Service Corp. International is buy, with an average price target of $13.75.
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