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It's been a good week for Service Corporation International (NYSE:SCI) shareholders, because the company has just released its latest quarterly results, and the shares gained 8.2% to US$81.62. The result was positive overall - although revenues of US$1.0b were in line with what the analysts predicted, Service Corporation International surprised by delivering a statutory profit of US$0.81 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Check out our latest analysis for Service Corporation International
Taking into account the latest results, the most recent consensus for Service Corporation International from six analysts is for revenues of US$4.32b in 2025. If met, it would imply a satisfactory 4.0% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to swell 13% to US$3.93. In the lead-up to this report, the analysts had been modelling revenues of US$4.31b and earnings per share (EPS) of US$3.92 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
There were no changes to revenue or earnings estimates or the price target of US$87.30, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Service Corporation International, with the most bullish analyst valuing it at US$93.00 and the most bearish at US$79.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that Service Corporation International's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.2% growth on an annualised basis. This is compared to a historical growth rate of 5.3% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 11% per year. Factoring in the forecast slowdown in growth, it seems obvious that Service Corporation International is also expected to grow slower than other industry participants.