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HOUSTON (AP) _ Service Corp. International (SCI) on Monday reported fourth-quarter earnings of $ 206.5 million.
On a per-share basis, the Houston-based company said it had a profit of $ 1.24. Earnings, adjusted for asset impairment gains and Pretax gains, were $ 1.17 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $ 1 per share.
The Funeral home and Cemetery operator posted revenue of $ 1.04 billion in the period.
For the year, the company reported profit of $ 802.9 million, or $ 4.72 per share. Revenue was reported at $ 4.14 billion.
Service Corp. expects full-year earnings in the range of $ 2.80 to $ 3.20 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCI at https://www.zacks.com/ap/SCI
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