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 Corporation International (NYSE: SCI) announced an underwritten public offering of $800 million in 4.000% Senior Notes due 2031. This offering is set to close on May 24, 2021, pending customary conditions. The net proceeds will be used to redeem existing 8.000% Senior Notes due 2021, repay revolving credit loans, and for general corporate purposes. J.P. Morgan leads the offering, which is part of an effective shelf registration with the SEC.
Service Corporation International (NYSE: SCI) announced a planned offering of $800 million in senior notes, subject to market conditions. The proceeds will be utilized to redeem existing 8.000% Senior Notes due in 2021, repay loans under its revolving credit facility, and cover related expenses. J.P. Morgan is leading the offering. This move is part of the company's financial strategy to manage debt effectively.
Service Corporation International (NYSE: SCI) reported strong first-quarter 2021 results, showing earnings per share (EPS) of $1.33 and net cash from operating activities of $298 million. EPS increased by $0.88 due to a 67% growth in comparable preneed cemetery sales, totaling $130 million. Revenue rose $275 million to $1.1 billion. The company has also revised its full-year EPS guidance to $2.70 - $3.00. Key metrics indicate significant operational improvements despite ongoing pandemic challenges.
Service Corporation International (NYSE: SCI) is set to release its first quarter 2021 financial results on May 3, 2021. A conference call with management will follow on May 4, 2021, at 8:00 a.m. Central Time, where details on earnings will be discussed. The call can be accessed via dial-in or live webcast on the company's website. As of March 31, 2021, SCI operates 1,461 funeral homes and 484 cemeteries across North America, serving approximately 500,000 families yearly under the Dignity Memorial® brand.
Service Corporation International (NYSE: SCI) announced a $250,000 grant to the National Alliance for Grieving Children (NAGC) to support grief programs for children and teens. The funding aims to develop new grief support materials to assist young individuals coping with loss. SCI's COO, Jay Waring, emphasized the importance of addressing grief in children who often feel isolated. Dignity Memorial locations also provide a 24-hour Compassion Helpline and the Dignity Memorial Guidance Series, enhancing their support for grieving families.
Service Corporation International (SCI), North America's largest provider of funeral, cemetery, and cremation services, has announced a partnership with the Tragedy Assistance Program for Survivors (TAPS). SCI will contribute $250,000 to support programs aiding individuals grieving military losses. This partnership underscores SCI's commitment to honoring military families through initiatives like the Dignity Memorial Homeless Veterans Burial Program and collaborations with veteran organizations. TAPS offers free support to families of fallen military members, including grief counseling and peer support.
Service Corporation International (SCI) announced a quarterly cash dividend of $0.21 per share, payable on March 31, 2021, to shareholders of record by March 15, 2021. The company emphasizes its intention to continue regular quarterly dividends, subject to quarterly review by its Board of Directors. While the dividend reflects SCI's commitment to returning value to shareholders, future payments depend on financial performance and other factors. Any determination against declaring a dividend could impact shareholder returns.
Service Corporation International (SCI) reported a strong fourth quarter for 2020, with revenue rising by $120 million (14%) to $970 million. Fourth quarter earnings per share were $1.15, with adjusted earnings up $0.53 year-over-year to $1.13. The increase was attributed to elevated COVID-19 mortality rates, leading to more funeral services and burials. Operating cash flow increased by $88 million (56%) to $245 million. Looking ahead, the company estimates diluted earnings per share for 2021 between $2.50 and $2.90, despite potential challenges from ongoing pandemic impacts.
Service Corporation International (NYSE: SCI), North America's largest provider of funeral and cemetery services, has partnered with Donate Life America (DLA) with a $250,000 donation. This partnership aims to enhance awareness of organ, eye, and tissue donation as National Donor Day approaches on February 14, 2021. SCI has supported DLA for 13 years, sponsoring the Donate Life Rose Parade Float. Their collaboration focuses on increasing donor registration and supporting donor families, highlighting SCI's commitment to the cause of organ donation.
Service Corporation International (NYSE: SCI) will release its fourth quarter 2020 financial results on February 15, 2021. A conference call hosted by SCI Management is scheduled for February 16, 2021, at 8:00 a.m. Central Time. Investors can participate via dial-in numbers or listen live on the company's website. SCI operates 1,470 funeral service locations and 483 cemeteries across North America, promoting the Dignity Memorial® brand which emphasizes quality and customer satisfaction.
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