Service International Shares Fall 11.4% After Earnings Outlook Update
Shares fell 11.4% in afternoon trading after the company updated its full-year adjusted EPS outlook following third-quarter results, citing lower funeral volumes and higher costs.
What happened? Shares of funeral services company Service International NYSE:SCIfell 11.4% in the afternoon session after the company updated its full-year adjusted earnings per share outlook after third-quarter results, citing lower funeral volumes and higher costs. According to a company press re…