SCI Q1 Earnings Show Strong Gains from Divestitures
Ticker: SCI · Form: 10-Q · Filed: May 1, 2025 · CIK: 89089
Sentiment: mixed
Topics: earnings, divestitures, financials
TL;DR
SCI Q1: $143M Rev, $219K Net Earnings. Big jump in divestiture gains ($5.7M vs $395K).
AI Summary
Service Corporation International (SCI) reported its first quarter results for the period ending March 31, 2025. The company generated total revenues of $143,273,999 and recorded net earnings of $218,766. Notably, SCI recognized $5,703,000 in net gains on divestitures for the three months ended March 31, 2025, a significant increase from $395,000 in the same period of 2024.
Why It Matters
The substantial increase in gains from divestitures suggests SCI is actively managing its portfolio, which could impact future profitability and strategic direction.
Risk Assessment
Risk Level: medium — The significant increase in gains from divestitures, while positive, could indicate a strategic shift or one-time events that may not be sustainable.
Key Numbers
- $143,273,999 — Total Revenues (Generated in the three months ended March 31, 2025.)
- $218,766 — Net Earnings (Reported for the three months ended March 31, 2025.)
- $5,703,000 — Gains on Divestitures, Net (Recognized in the three months ended March 31, 2025, a significant increase from the prior year.)
Key Players & Entities
- Service Corporation International (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of reporting period
- March 31, 2024 (date) — Prior period comparison
- $5,703,000 (dollar_amount) — Net gains on divestitures for Q1 2025
- $395,000 (dollar_amount) — Net gains on divestitures for Q1 2024
FAQ
What was Service Corporation International's total revenue for the first quarter of 2025?
Total revenues for the three months ended March 31, 2025, were $143,273,999.
What were the net earnings for SCI in the first quarter of 2025?
Net earnings for the three months ended March 31, 2025, were $218,766.
How did the gains on divestitures in Q1 2025 compare to Q1 2024?
Gains on divestitures, net, were $5,703,000 for the three months ended March 31, 2025, compared to $395,000 for the same period in 2024.
What is the fiscal year end for Service Corporation International?
The fiscal year end for Service Corporation International is December 31.
In which state was Service Corporation International incorporated?
Service Corporation International was incorporated in Texas (TX).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding SERVICE CORP INTERNATIONAL (SCI).