Service Corporation International at Oppenheimer Healthcare Conference (Virtual) Transcript

Mar 16, 2021 / 03:20PM GMT
Scott Andrew Schneeberger - Oppenheimer & Co. Inc., Research Division - MD & Senior Analyst

Good morning, everyone. Thank you for joining us today. My name is Scott Schneeberger. I'm the senior business services analyst at Oppenheimer. It's my pleasure to have Eric Tanzberger, the CFO of Service Corp. with us today to discuss the company's investment story.

We're drawn to the story for the company's leading position in funeral services and cemetery offerings, its opportunity to capitalize on a favorable demographic shift of the aging baby boomer population and the company's strategy of selling preneed contracts. We view this as helping them gain advanced market share and garner a backlog to build the company's trust fund portfolio.

We're using the fireside chat format today. I'm going to start off by asking a series of questions to Eric. At any time, please feel free to use the chat function to put a question to me (inaudible) as well. After I've asked a few, then I'll go to the questions on the line and pose those to Eric. We have about a half hour. So without any further ado, I

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