With earnings on tap for Jul. 28, Service Corporation International stock is trading approximately 2% shy of a 72.17 buy point. The current formation is a first-stage flat base. The funeral services stock has 93 Relative Strength Rating.
Buying a stock just ahead of earnings involves risk since you typically don't have enough time to establish a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.
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The funeral services company posted 2% earnings-per-share growth in its most recent report. Revenue increased 3%.
Consensus analyst estimates call for EPS growth of -10% for the quarter, and -23% growth for the full year.
Service Corporation International stock has a 91 Composite Rating and earns the No. 1 rank among its peers in the Funeral Services & Related industry group. Hillenbrand and Carriage Services are also among the group's highest-rated stocks.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.
