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Stock impact report

Carriage Services Announces First Quarter 2019 Results and Reaffirms 2019 Rolling Four Quarter Outlook

Carriage Services, Inc. (CSV) 
Last carriage services, inc. earnings: 2/19 05:04 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/csv
Company Research Source: GlobeNewswire
HOUSTON, May 01, 2019 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced results for the first quarter ended March 31, 2019, shown below: Three Months Ended March 31, 2019 compared to Three Months Ended March 31, 2018 • Total Revenue of $69.1 million, a decrease of 5.9%;• Net Income of $6.5 million, a decrease of 30.3%;• GAAP Diluted Earnings Per Share of $0.36, a decrease of 30.8%; • Total Field EBITDA of $28.3 million, a decrease of 9.3%;• Total Field EBITDA Margin down 160 basis points to 41.0%;• Adjusted Consolidated EBITDA of $20.8 million, a decrease of 7.1%;• Adjusted Consolidated EBITDA Margin down 40 basis points to 30.2%;• Adjusted Net Income of $6.9 million, a decrease of 34.8%;• Adjusted Diluted Earnings Per Share of $0.38, a decrease of 35.6%; and• Adjusted Free Cash Flow of $9.6 million, a decrease of 28.2%. Mel Payne, Chief Executive Officer, stated, “We got off to a good start with our performance relative to our annual theme of CARRIAGE SERV Show less Read more
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