Service Corporation Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Service Corporation International (SCI) reported fourth-quarter net income to shareholders of $87.8 million or $0.42 per share, compared to $29.3 million or $0.14 per share, prior year. Earnings from continuing operations excluding special items was $77.2 million or $0.37 per share, for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.36 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $783.4 million from $667.2 million last year. Analysts expected revenue of $773.29 million for the quarter.

For 2015, the company expects earnings per share from continuing operations excluding special items in the range of $1.16 to $1.28. Analysts expect the company to report fiscal 2015 earnings per share of $1.25.

The company's Board approved a quarterly cash dividend of ten cents per share of common stock, which represents an 11% increase from previously declared dividends of nine cents per share of common stock per quarter. The dividend is payable on March 31, 2015 to shareholders of record at the close of business on March 16, 2015.