Service Corporation International Q3 profit rises 11% as full-year guidance is refined
Adjusted earnings per share rose 11% to $0.97 and revenue grew 5%. The company refined its 2026 outlook, citing lower funeral volumes than it had anticipated.
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what happened
Service Corporation International, the largest deathcare provider in North America, reported third-quarter 2026 results, according to TradingView. GAAP earnings per share rose 24% to $1.03 from $0.83 a year earlier. Adjusted earnings per share grew 11% to $0.97, while revenue increased $49.2 million, or 5%, to $1,107.3 million.
Comparable funeral preneed sales production rose 6% and cemetery preneed sales production rose 5%. Margins were held back by higher healthcare costs, selling compensation and advertising spending. Net cash from operating activities increased 18% to $296.8 million.
For the fourth quarter, the company expects adjusted earnings per share of $1.10 to $1.20, and $3.94 to $4.04 for the full year 2026. Its full-year adjusted operating cash flow guidance is unchanged, with a midpoint of $1,085 million.
why it matters
For markets this is a single-company report. Growth in preneed sales points to future revenue, but funeral volumes below expectations and higher costs weigh on earnings in the coming months.
market impact
SCI shares: higher profit, but guidance is held back by costs and lower funeral volumes
- Service Corporation International shares mixed — higher quarterly profit is offset by lower volumes and costs in the outlook
tags
instruments
sources
- SERVICE CORPORATION INTERNATIONAL ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS AND UPDATES FOURTH QUARTER OUTLOOK — TradingView, 28 October 2026 at 20:15 UTC
- Universal Display Corporation Announces Third Quarter 2026 Financial Results — Reuters, 28 October 2026 at 20:41 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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