The funeral industry is in decline. This can be seen by the latest numbers from Service Corporation International, SCI, NYSE:SCI. Worlds Largest Funeral Corporation loses millions again.
Millions and tens of millions of Service Corporation loss in dollars , in almost every category. SCI showed profits in the third quarter by laying people off
and not paying overtime.
Revenue loses total about 19 million.
Revenues decreased to $497.2 million from $516.4 million last year. Analysts expected revenue of $480.73 million for the quarter.
via www.rttnews.com
Funeral Industry|Funeral blog by Your Funeral Guy
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Tags: blog, funeral, funeral industry, nyse:sci, profit, SCI, service corporation international, shaeholders, third quarter
