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Service Corp. International Reports Impressive Q4 Earnings

Service Corp. International has reported significant growth in its fourth quarter, showing a profit increase that surpassed market expectations. Profit reached $151.4 million, or $1.04 per share, compared to $138.4 million last year.

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AI Rating:   7

Profit and Earnings Growth: Service Corp. International (SCI) reported a net income of $151.4 million for the fourth quarter, which is an increase from $138.4 million last year. This growth indicates a positive performance for the company.

Earnings Per Share (EPS): The earnings per share for SCI were reported at $1.04, a rise from $0.93 per share from the previous year. Additionally, when excluding items, the adjusted EPS was $1.06, which slightly surpassed the analysts' average expectation of $1.05. This positive deviation suggests that the company is performing well against market estimates.

Revenue Growth: The revenue for the quarter rose to $1.093 billion, reflecting a 3.6% increase from $1.055 billion last year. This steady growth in revenue further solidifies the financial stability and operational success for SCI during this period.