Service Corporation International (SCI) News Today

Service Corporation International (NYSE: SCI) shares have increased as investors reacted favorably to the company’s second-quarter 2026 results and stronger outlook. The main catalysts were an earnings beat, revenue growth, improved cash-flow guidance and a more bullish analyst view.

• Positive Sentiment: Q2 results exceeded expectations: SCI reported adjusted earnings of $0.90 per share, slightly above the $0.89 consensus estimate, while revenue reached approximately $1.10 billion versus forecasts of $1.08 billion. Revenue rose 3.6% year over year. Service Corporation Q2 Earnings Beat Estimates, Revenues Rise 4% Y/Y
• Positive Sentiment: Operating trends and cash flow improved: Cemetery growth and higher preneed sales supported the quarter, and management increased its cash-flow guidance. The company maintained fiscal 2026 earnings guidance of $4.10 to $4.30 per share, with analysts expecting approximately $4.22. Service Corporation International 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: UBS raised its price target: UBS Group lifted its target for SCI from $93 to $105 and reiterated a “buy” rating, implying substantial potential appreciation from the stock’s recent trading level. The upgrade reinforces investor confidence in SCI’s earnings durability and outlook. UBS Raises Service Corporation International Price Target
• Neutral Sentiment: Management commentary is receiving attention: The Q2 earnings call transcript and related presentation provide additional detail on cemetery performance, preneed demand, cash flow and the company’s 2026 expectations. Service Corporation International Q2 2026 Earnings Call Transcript

SCI’s positive reaction is tempered by its relatively high leverage, with debt-to-equity above 3, but the earnings beat, stable guidance and higher cash-flow outlook currently appear to be outweighing that concern.