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Why Carriage Services (CSV) Could Beat Earnings Estimates Again
Carriage ServicesCarriage Services(US:CSV) ZACKSยท2025-10-13 17:11

Core Viewpoint - Carriage Services (CSV) is a strong candidate for investors due to its consistent performance in surpassing earnings estimates, particularly in the funeral services industry [1]. Earnings Performance - Carriage Services has recorded a strong streak of beating earnings estimates, with an average surprise of 11.39% over the last two quarters [2]. - In the last reported quarter, the company achieved earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.72 per share by 2.78% [3]. - In the previous quarter, Carriage Services reported earnings of $0.96 per share against an expected $0.80 per share, resulting in a significant surprise of 20.00% [3]. Earnings Estimates and Predictions - Estimates for Carriage Services have been trending higher, influenced by its history of earnings surprises [6]. - The company currently has a positive Zacks Earnings ESP of +7.96%, indicating that analysts are optimistic about its earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [9]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8].