SCI Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into SCI (SCI)
An approximately 11.6% overnight decline in Service Corporation International shares followed a sharp reduction in its 2026 earnings outlook. SueWallSt notifies investors of a pending investigation.
NEW YORK, Oct. 29, 2026 /PRNewswire/ -- Service Corporation International (NYSE: SCI) lowered its full-year 2026 adjusted EPS outlook from a range of $4.10-$4.30 to $3.94-$4.04, and the stock dropped approximately 11.6% by the time the market opened on October 29, 2026. Shareholders now holding losses on SCI may have legal rights. Shareholders who lost money are encouraged to submit their SCI trade details for review. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (888) SueWallSt.
The report released after the market close on October 28, 2026 showed the following against Wall Street estimates. Third-quarter EPS was $0.97, versus a consensus of approximately $0.98. Revenue was approximately $1.11 billion, versus the FactSet estimate of $1.10 billion. Fourth-quarter EPS guidance was $1.10 to $1.20, versus an analyst consensus near $1.33, reflecting the sharp revision to the Company's full year guidance.
Management cited weaker-than-expected funeral volumes and increased operating expenses, including higher healthcare, advertising, and selling compensation costs, as the key drivers behind the lowered outlook. SueWallSt notifies investors of a pending investigation into potential securities law violations on behalf of SCI investors who suffered losses.
SCI investors still holding losses from the October 29 drop can start a confidential SCI loss review or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the SCI Investigation
Q: How much did SCI stock drop?A: Shares opened down approximately $9.57, or about 11.6% on October 29, 2026. Investors who purchased shares and suffered losses may be eligible to seek recovery.
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether statements Service Corporation International made before October 28, 2026 about its earnings outlook and operating trends may have been misleading. When the Company disclosed its lower fourth-quarter outlook, the stock price declined sharply.
Q: What do SCI investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my SCI shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought SCI and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE Levi & Korsinsky, LLP