Carriage Services

Carriage Services, Inc. engages in the provision of funeral and cemetery services. It operates through the Funeral Home and Cemetery segments. The Funeral Home segment offers a complete suite of services to meet families' funeral needs, including consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral homes for visitation and remembrance services and transportation services. The Cemetery segment includes interment rights and related merchandise, such as markers and outer burial containers. The company was founded by Melvin C. Payne in 1991 and is headquartered in Houston, TX.

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Carriage Services reports strong net income growth and strategic initiatives

Carriage Services showcased strong financial performance with a focus on net income growth.
Strategic initiatives like preneed funeral restructuring and digital transformation are key strengths.
Challenges include managing inflation, executing tech initiatives, and transitioning reporting methodology.
Opportunities lie in significant growth potential in prearranged funerals and disciplined capital allocation.

Carriage Services exceeds Q1 expectations, poised for strategic growth

Carriage Services demonstrated resilience in Q1 2023, surpassing financial expectations despite challenges like inflationary costs and lower funeral revenue.
The company's strategic strengths in maintaining margins, driving growth through acquisitions, and pricing power position it for future success and market leadership.
Challenges in managing costs, optimizing margins, and integrating recent acquisitions underscore areas for ongoing focus and improvement.
Opportunities in operational enhancements, market expansion, and financial performance optimization pave the way for sustained growth and value creation.

Carriage Services reports revenue growth and strategic partnerships for expansion

Carriage Services' Q2 2023 performance reflects revenue growth, strategic acquisitions, and a focus on preneed funeral sales expansion.
While facing challenges such as margin pressures and operational complexities, the company aims to capitalize on opportunities from partnerships and revenue growth.
Strategic initiatives to enhance market advantage, reduce leverage, and drive growth position Carriage Services for improved financial performance and value creation.

Carriage Services reports robust Q3 results, eyes growth through partnerships

Carriage Services' Q3 2023 performance reflects strong operational results and financial metrics, with a focus on debt reduction and strategic partnerships.
Despite challenges such as declining at-need volume, the company is well-positioned to capitalize on growth opportunities through digital transformation and partnerships.
The company's emphasis on financial discipline and operational efficiency underscores its commitment to long-term sustainability and value creation.
Carriage Services' proactive approach to addressing challenges and leveraging opportunities bodes well for its future growth and profitability.

Carriage Services reports solid Q4 earnings, eyes growth opportunities

Carriage Services delivered a strong financial performance in Q4 2023, with revenue growth and operational improvements.
The company faces challenges from lower volumes and interest rate impacts but is focused on growth opportunities and customer-centric strategies.
Strategic initiatives, partnerships, and a new purpose statement position Carriage Services for continued success and market expansion.

Carriage Services (CSV) reports strong Q1 earnings and growth outlook

Carriage Services delivered a robust performance in Q1 2024, showcasing revenue growth, EBITDA improvement, and debt reduction, underlining operational efficiency and strategic focus.
While facing challenges in managing growth sustainability and cost pressures, the company's strengths in pricing strategy, cost management, and strategic outlook position it well for future success.
With opportunities to optimize operations, explore new revenue streams, and pursue strategic acquisitions, Carriage Services remains poised for continued growth and value creation for stakeholders.

Carriage Services reports robust Q2 earnings, eyes strategic growth

Carriage Services delivered a strong financial performance in Q2 2024, showcasing revenue growth and improved profitability.
The company's strategic initiatives and increased guidance reflect confidence in sustained growth and operational excellence.
While facing challenges in various operational aspects, Carriage Services remains optimistic about future opportunities and long-term value creation.

Carriage Services (CSV) excels in Q3 2024, eyes M&A growth

Carriage Services (CSV) delivered robust financial results in Q3 2024, driven by strategic sales growth and efficient cost management.
The company's focus on sustainable margins, debt reduction, and M&A activities positions it well for future growth.
While facing challenges in leadership transitions and overhead management, Carriage Services remains committed to financial success and service excellence.

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The full company name is Carriage Services, Inc.

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Carriage Services, Inc. (CSV) CEO Melvin Payne on Q2 2020 Results - Earnings Call Transcript

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Carriage Services: Just A 2% Dividend Yield, But A 17% Free Cash Flow Yield

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Carriage Services, Inc. (CSV) CEO Mel Payne on Q1 2020 Results - Earnings Call Transcript

Carriage Services (CSV) delivered earnings and revenue surprises of 12.90% and 12.55%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Carriage Services (CSV) Q1 Earnings and Revenues Top Estimates

Carriage Services (CSV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Carriage Services (CSV) Q1 Earnings Expected to Decline

HOUSTON, April  29, 2020  (GLOBE NEWSWIRE) -- Mel Payne, Chairman and Chief Executive Officer of Carriage Services, Inc. stated, “We have made the decision to delay our earnings release to May 19th to provide time to complete the accounting of our April performance and to monitor revenue trends for two full weeks of May. This delay is designed to enable us to provide institutional investors an updated Rolling Four Quarter Outlook based on current revenue trends, which we have recently found encouraging as the country begins to open up the economy on a state by state selective basis.

Carriage Services Announces First Quarter Earnings Release Date

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Carriage Services: Positioned For Record Growth In 2020

Carriage Services, Inc. (CSV) CEO Mel Payne on Q4 2019 Results - Earnings Call Transcript

HOUSTON, Jan.  23, 2020  (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on January 23, 2020 declared the quarterly dividend of 7.5¢ per share payable on March 2, 2020 to common share record holders as of February 10, 2020. 

Carriage Services Declares Quarterly Cash Dividend (CSV)

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HOUSTON, Jan.  03, 2020  (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV) ("Carriage Services" or the "Company") today announced that it closed the acquisition of Oakmont Memorial Park and Mortuary in Lafayette, California from StoneMor Partners.  The business was founded in 1956 and serves the East Bay Area including Oakland and many communities in Contra Costa County.

Carriage Services Announces Closing of Oakmont Memorial Park and Mortuary

HOUSTON, Dec.  31, 2019  (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV) ("Carriage Services" or the "Company") today announced that it closed the acquisition of Fairfax Memorial Park and Funeral Home in Fairfax, Virginia (collectively “Fairfax”).  Fairfax currently performs approximately 850 cemetery interments and 900 funerals annually and has combined revenue that represents the largest single business acquired in the history of the Company. 

News for Carriage Services Stock (CSV)