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Stock impact report

Carriage Services Announces First Quarter 2024 Results

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, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the first quarter ended March 31, 2024. Company Highlights: Total revenue of $103.5 million led to growth of 8.4% over the prior-year quarter, primarily driven by a 38.4% increase in cemetery preneed sales;GAAP diluted EPS of $0.45 and Adjusted diluted EPS of $0.75, compared to $0.57 and $0.56 in the prior-year quarter, respectively;Completed the divestiture of previously announced non-core assets;The Company paid down $25.0 million of debt on its credit facility during the first quarter; andReaffirm full-year 2024 outlook. Carlos Quezada, Vice Chairman and CEO, stated, “We are pleased to announce another solid performance in the first quarter of 2024, which reflects our consistent focus on executing our five-year strategic objectives. Our preneed cemetery sales team achieved a remarkable 38.4% year-over-year increase in preneed sales, highlighting the continued Show less Read more
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