Credit Suisse analyst A.J. Rice lowered the firm’s price target on Service Corp. to $80 from $85 and keeps an Outperform rating on the shares. The firm notes the company lowered its full-year EPS guidance by 10c at the midpoint to $3.40-3.60, implying a $15M decrease in net income.
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Read More on SCI:
- Service Corp. raises quarterly cash dividend 7.4% to 29c per share
- SERVICE CORPORATION INTERNATIONAL INCREASES QUARTERLY CASH DIVIDEND
- SERVICE CORPORATION INTERNATIONAL ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS AND REVISES FULL-YEAR GUIDANCE
- Service Corp. cuts FY23 EPS $3.40-$3.60 from $3.45-$3.75, consensus $3.53
- Service Corp. reports Q2 EPS 83c, consensus 81c
