Service International delivered solid Q2 results, beating revenue expectations with $1.1 billion—up 3.6% year-over-year—and meeting EPS targets. Growth came from strong preneed cemetery sales and steady trust fund income, while disciplined cost control kept margins stable. The company is strategically shifting preneed sales toward insurance-funded products to boost long-term gross margins, even if it temporarily impacts revenue recognition. Despite flat funeral volumes, they’re investing in digital tools, AI-driven sales training, and remain confident in their full-year forecast, projecting double-digit earnings growth in the second half fueled by an aging population and smart operational moves.
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