Welcome to our dedicated page for Service Crp Intr news (Ticker: SCI), a resource for investors and traders seeking the latest updates and insights on Service Crp Intr stock.
Service Corporation International (SCI), North America's leading provider of funeral, cemetery, and cremation services, maintains this dedicated news hub for investors and industry observers. Track official announcements including quarterly earnings, strategic acquisitions, and operational developments impacting the deathcare sector.
This resource consolidates SCI's financial filings, leadership updates, and service expansions under the trusted Dignity Memorial brand. Users gain efficient access to material disclosures ranging from regulatory submissions to partnership announcements, all organized for quick scanning and analysis.
Key content categories include earnings reports, merger activity, facility expansions, and industry leadership updates. Each entry provides direct access to primary source documents and contextually relevant background information.
Bookmark this page for streamlined monitoring of SCI's corporate trajectory. Combine regular visits with SEC.gov filings for comprehensive due diligence in the deathcare services market.
Service International (NYSE: SCI) has successfully completed a public offering of $800 million in 5.750% Senior Notes due 2032. The offering was made through an underwritten public offering under an effective shelf registration statement filed with the SEC. The company plans to use the net proceeds to repay outstanding loans under its revolving credit facility and cover related fees, interest, and expenses. Wells Fargo Securities acted as the lead joint book-running manager for the offering.
Service International (NYSE: SCI) has announced the pricing of an underwritten public offering of $800 million aggregate principal amount of 5.75% Senior Notes due 2032. The offering is expected to close on September 17, 2024, subject to customary closing conditions. Wells Fargo Securities is acting as the lead joint book-running manager for the offering.
The company plans to use the net proceeds to repay outstanding loans under its revolving credit facility and cover related fees, interest, and expenses. The offering is being made through an effective shelf registration statement filed with the SEC. Interested parties can obtain the prospectus supplement and accompanying base prospectus from Wells Fargo Securities or the SEC website.
Service International (NYSE: SCI) has announced its intention to offer $800 million in senior notes through an underwritten public offering. The company plans to use the net proceeds to repay outstanding loans under its revolving credit facility and cover related fees, interest, and expenses. Wells Fargo Securities will serve as the lead joint book-running manager for the offering.
The offering will be conducted through an effective shelf registration statement filed with the SEC. Interested parties can obtain the prospectus supplement and accompanying base prospectus from Wells Fargo Securities or the SEC website. This press release does not constitute an offer to sell or purchase securities, and the notes will only be offered through the official prospectus supplement.
Service International (NYSE: SCI), North America's largest deathcare products and services provider, has announced a quarterly cash dividend of $0.30 per share of common stock. The dividend will be paid on September 30, 2024 to shareholders of record as of September 13, 2024. While SCI intends to continue regular quarterly dividends, future payments are subject to the Board of Directors' final determination after reviewing the company's financial performance. This announcement demonstrates SCI's commitment to providing shareholder value and maintaining a consistent dividend policy.
Service International (NYSE: SCI), North America's largest deathcare provider, reported Q2 2024 results. Revenue grew $20.6 million to $1,034.0 million, while earnings per share decreased to $0.81 from $0.86 in Q2 2023. Adjusted EPS was $0.79, down from $0.83. Net cash from operations excluding special items increased to $219.9 million from $157.4 million.
Despite revenue growth, SCI faced challenges with a decline in funeral services performed. The company maintains its 2024 outlook but expects results at the lower end of the $3.50-$3.80 adjusted EPS guidance range. SCI reiterates its adjusted operating cash flow guidance of $900-$960 million for 2024.
Service International (NYSE: SCI) has announced its schedule for the second quarter 2024 earnings release and conference call. The company plans to issue a press release with financial results on Wednesday, July 31, 2024. A conference call hosted by SCI Management will follow on Thursday, August 1, 2024, at 8:00 a.m. Central Time.
Investors and analysts can participate in the call by dialing (866) 605-3851 or (412) 317-6061 for international callers, using the code 5532566. Alternatively, the call can be accessed via live webcast on the company's website. A replay will be available until August 8, 2024, and the webcast will be accessible for at least 90 days on SCI's website.
Global Atlantic Financial Group has announced a 10-year partnership with Service International (SCI) to become the preferred provider of preneed insurance for North America's largest funeral service provider.
This partnership aims to significantly grow Global Atlantic's preneed business and position it as the top provider in North America. Preneed insurance helps cover funeral costs, providing financial relief to families. SCI serves over 600,000 families annually across 1,900 locations.
The partnership will bring digital advancements for seamless customer experiences and operational efficiencies. Global Atlantic plans to hire additional staff and enhance customer support capabilities across its offices.
Service International (NYSE: SCI) declared a quarterly cash dividend of thirty cents per share of common stock, payable on June 28, 2024. The company is the largest deathcare products and services provider in North America. While the intention is to pay regular quarterly dividends, final decisions are subject to the Board of Directors' review of financial performance.
Service International (SCI), the largest deathcare provider in North America, reported strong financial results for the first quarter of 2024. Revenue increased by $16.7 million, while earnings per share was $0.89. The company's net cash provided by operating activities was $220.1 million. Comparable preneed cemetery sales production grew by 7.8%, and comparable core funeral sales average grew by 3.9%. Despite a decline in comparable core funeral services performed, the company's financial results are solid. SCI remains focused on long-term growth and shareholder value.
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