Service Corp International Analysts Boost Their Forecasts After Upbeat Earnings
Service Corp Intl's Q3 adjusted EPS was 79 cents, beating estimates. Quarterly sales of $1.014 billion missed the forecast of $1.016 billion. CEO noted stable gross profit in funeral and cemetery services. Fourth-quarter loss projection is $1.00-1.10, worse than expected. Analysts raised price targets with one reaching $92.
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