Service Corporation International (SCI) Q3 2024 Earnings Call Transcript Summary
Service Corporation International (SCI) Q3 2024 Earnings Call Transcript Summary
Investments included $123 million in acquisitions and $31 million in real estate, contributing to footprint expansion.The following is a summary of the Service Corporation International (SCI) Q3 2024 Earnings Call Transcript:
以下是Service Corporation International (SCI) 2024年第三季度業績會交流摘要:
Financial Performance:
金融業績：
SCI reported a slight increase in adjusted earnings per share to $0.79 from $0.78 the previous year, achieved through a balance of increased revenue, offset by higher corporate expenses and interest costs.
The company saw a $0.01 increase in earnings per share, attributed to lower share count and tax rate adjustments.
Investments included $123 million in acquisitions and $31 million in real estate, contributing to footprint expansion.
SCI報告調整後每股收益略微增長至0.79美元，而去年爲0.78美元，通過增加營業收入，抵消了更高的公司費用和利息成本。
該公司每股收益增加0.01美元，歸因於較低的股數和稅率調整。
投資額包括12300萬美元的收購和3100萬美元的房地產，有助於擴大業務範圍。
Business Progress:
業務進展：
SCI experienced modest growth in funeral services with total comparable funeral revenues up $7 million or about 1% over the prior year.
The company actively expanded with $154 million spent on acquisitions and real estate, adding 10 funeral homes and two cemeteries to its operation.
Adjustments in pre-need sales contracts are expected to stabilize revenues as they transition from trust to insurance-funded contracts.
SCI在殯儀服務方面經歷了適度增長，總殯儀服務收入環比去年增加了700萬美元，約增長了1%。
該公司積極擴張，投資15400萬美元用於收購和房地產，爲其業務增加了10家殯儀館和兩座公墓。
預需銷售合同調整預計在信託轉爲保險資金合同的過渡期內穩定營業收入。
Opportunities:
機會：
Expanded investment in high-quality acquisitions and real estate in key metropolitan areas to drive future growth.
Increased future revenues anticipated from a new pre-need insurance marketing agreement and higher commission rates.
Continued development of cemetery plots, supporting future pre-need cemetery sales growth.
在關鍵大都市地區擴大對高質量收購和房地產的投資，推動未來增長。
預計未來營業收入將增加，這源於一項新的預需保險營銷協議和更高的佣金率。
持續開發公墓地塊，支持未來預需公墓銷售增長。
Risks:
風險：
Funeral volumes may be impacted by demographic shifts and the stabilization of markets post-COVID.
The transition to insurance-funded pre-need contracts requires sales counselors to obtain insurance licenses, potentially slowing sales temporarily.
殯儀服務量可能受到人口結構變化和疫情後市場的平穩影響。
轉向由保險資金支持的預需合同，要求銷售顧問獲得保險許可，可能會暫時放緩銷售。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
