Service Corp. International Q1 adjusted earnings Beat Estimates

(RTTNews) - Service Corp. International (SCI) released a profit for first quarter that fell from the same period last year.

The company's earnings came in at $82.0 million, or $0.43 per share. This compares with $174.7 million, or $0.91 per share, in last year's first quarter.

Excluding items, Service Corp. International reported adjusted earnings of $88.9 million or $0.47 per share for the period.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $794.5 million from $777.7 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q1): $88.9 Mln. vs. $73.0 Mln. last year. -EPS (Q1): $0.47 vs. $0.38 last year. -Analysts Estimate: $0.42 -Revenue (Q1): $794.5 Mln vs. $777.7 Mln last year.