Service Corporation International Raises 2026 Cash Flow Guidance After Strong Second Quarter

Earnings
โดย PR Newswire·Read original
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Service Corporation International reported second quarter 2026 adjusted earnings per share of $0.90 and raised its full-year cash flow guidance midpoint by $50 million to $1,085 million. Consolidated revenue grew 4% to $1,103.3 million, while net cash provided by operating activities jumped 43% to $238.7 million. The company confirmed its 2026 adjusted earnings per share midpoint of $4.20, narrowing the range to $4.10 to $4.30. Comparable funeral preneed sales production increased 7% and comparable cemetery preneed sales production rose 8%, driving the improved cash flow outlook. Chairman and CEO Tom Ryan noted that the results were ahead of expectations, supported by strong average revenue per service and higher cemetery trust fund income.

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