HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter ended June 30, 2024. Company Highlights: A 31.1% increase in consolidated cemetery preneed sales, and an increase of 4.0% in consolidated funeral average, helped drive revenue of $102.3 million, representing growth of 4.8% over the prior-year quarter; GAAP diluted EPS of $0.40 and adjusted diluted EPS of $0.63, compared to $0.53 and $0.53 in the prioryear quarter, respe ...

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter ended June 30, 2024. Company Highlights: A 31.1% increase in consolidated cemetery preneed sales, and an increase of 4.0% in consolidated funeral average, helped drive revenue of $102.3 million, representing growth of 4.8% over the prior-year quarter; GAAP diluted EPS of $0.40 and adjusted diluted EPS of $0.63, compared to $0.53 and $0.53 in the prioryear quarter, respe ...

HOUSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on July 17, 2024 declared a quarterly dividend of 11.25¢ per share payable on September 3, 2024 to common share record holders as of August 5, 2024. Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage Services operates 164 funeral homes in 26 states and 31 cemeteries in 11 states. For more information, please email Inve ...

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2024 second quarter results on Wednesday, July 31, 2024 after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live over the Internet on Thursday, August 1, 2024 at 9:30 a.m. central time. Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 164 ...

What: Carriage Services Second Quarter 2024 Earnings Conference Call When: Thursday, August 1, 2024 – 9:30 a.m. central time How: Live via phone – By dialing 888-224-1005 (Conference ID 703556) or live over the Internet via webcast link Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 164 funeral homes in 26 states and 31 cemeteries in 11 states. HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) toda ...

The Deathcare Consolidation Industry Made by Author with Refinitiv Data Industry Overview Companies in this industry acquire funeral homes and cemeteries, typically from independent operators. These funeral locations provide services such as burials, viewings and memorials, with the fastest growing segment being cremations. Prominent companies in this industry include Service Corporation International, Park Lawn Corporation (PLC:CA), and Carriage Services, with private equity firms moving into the space as ...

Right now, investors are on top of the world. The major American equity indexes seemingly hit new record highs almost every week. Innovations in fields such as artificial intelligence offer tremendous promise to grow corporate earnings and lead to new technological breakthroughs. But the good times won't last forever. They never do. Whether the market rolls over next week, next quarter, or years from now, there will inevitably come a point when things get ugly out there on Wall Street once again. They say t ...

Carriage Services, Inc. (NYSE:CSV) Q1 2024 Results Conference Call May 2, 2024 10:30 AM ET Company Participants Steve Metzger - President Carlos Quezada - Chief Executive Officer and Vice Chairman of the Board of Directors Kian Granmayeh - Executive Vice President and Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research Liam Burke - B. Riley George Kelly - ROTH MKM Operator Good day, and thank you for standing by. Welcome to the Carriage Services First Quarter 2024 Earnings ...

- 12 - of the reporting date. At March 31, 2024, the carrying value of our acquisition debt was $6.0 million, which approximated its fair value. The fair value of our Senior Notes was $355.2 million at March 31, 2024 based on the last traded or broker quoted price. We identified investments in fixed income securities, common stock and mutual funds presented within the preneed and perpetual care trust investments categories on our Consolidated Balance Sheet as having met the criteria for fair value measureme ...

Carriage Services (CSV) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.12%. A quarter ago, it was expected that this provider of funeral and cemetary services and products would post earnings of $0.49 per share when it actually produced earnings of $0.77, delivering a surprise of ...