Service International (SCI) Reports Q4: Everything You Need To Know Ahead Of Earnings

Funeral services company Service International (NYSE:SCI) will be reporting earnings tomorrow after market close. Here's what to expect.

Last quarter Service International reported revenues of $1.00 billion, up 2.5% year on year, beating analyst revenue expectations by 2.4%. It was a decent quarter for the company, with a solid beat of analysts' revenue and EPS estimates.

Is Service International buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Service International's revenue to decline 0.4% year on year to $1.02 billion, improvement on the 1.5% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.91 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company has a history of exceeding Wall St's expectations, beating revenue estimates every single time over the past two years on average by 5.1%.

Looking at Service International's peers in the consumer discretionary segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Universal Technical Institute delivered top-line growth of 45.6% year on year, beating analyst estimates by 3.8%. Universal Technical Institute traded up 4.2% on the results.

Read our full analysis of Universal Technical Institute's results here.

There has been positive sentiment among investors in the consumer discretionary segment, with the stocks up on average 4.5% over the last month. Service International is down 1.5% during the same time, and is heading into the earnings with analyst price target of $73.3, compared to share price of $67.2.

One way to find opportunities in the market is to watch for generational shifts in the economy. Almost every company is slowly finding itself becoming a technology company and facing cybersecurity risks and as a result, the demand for cloud-native cybersecurity is skyrocketing. This company is leading a massive technological shift in the industry and with revenue growth of 70% year on year and best-in-class SaaS metrics it should definitely be on your radar.

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