HOUSTON (AP) — HOUSTON (AP) — Service Corp. International (SCI) on Wednesday reported first-quarter earnings of $135.8 million.
The Houston-based company said it had net income of 97 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The funeral home and cemetery operator posted revenue of $1.1 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $1.09 billion.
Service Corp. expects full-year earnings in the range of $4.05 to $4.35 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCI at https://www.zacks.com/ap/SCI
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