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CARRIAGE SERVICES (CSV)

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Earnings summaries and quarterly performance for CARRIAGE SERVICES.

Recent press releases and 8-K filings for CSV.

Carriage Services Reports Strong Q3 2025 Results with Revenue and EPS Growth
CSV
Earnings
Guidance Update
M&A
  • Carriage Services reported Q3 2025 total operating revenue of $101.3 million, an increase of 5.2% over the same period last year, primarily driven by a 21.4% year-over-year increase in pre-need cemetery sales and 61% growth in general agency commission revenue.
  • Adjusted diluted earnings per share (EPS) rose 17.2% to $0.75 in Q3 2025, with adjusted consolidated EBITDA growing 7.3% to $33 million and the EBITDA margin expanding to 32.1%.
  • The company's leverage ratio improved to 4.1 times this quarter from 4.2 times last quarter, and it reduced debt by approximately $5.1 million compared to last year's third quarter.
  • Carriage Services divested non-core assets in Q3 2025, generating over $19 million in proceeds from businesses that represented approximately $2.4 million in EBITDA and $9 million in revenue.
  • For full-year 2025, the company reaffirmed its guidance midpoint, anticipating revenues in the range of $413-$417 million, adjusted consolidated EBITDA between $130-$132 million, and adjusted diluted EPS of $3.25-$3.30.
Nov 6, 2025, 2:00 PM
CSV Reports 2024 Financial Results
CSV
Earnings
Revenue Acceleration/Inflection
  • CSV reported total revenue of $404,198 thousand for 2024, an increase from $382,520 thousand in 2023.
  • The company's Adjusted consolidated EBITDA for 2024 was $126,245 thousand, up from $113,182 thousand in 2023.
  • Adjusted diluted earnings per share for 2024 reached $2.65, compared to $2.19 in 2023.
  • The Adjusted consolidated EBITDA margin for 2024 was 31.2%, an increase from 29.6% in 2023.
Nov 6, 2025, 2:00 PM
Carriage Services Announces Strong Q3 2025 Results and Confirms 2025 Outlook Midpoint
CSV
Earnings
Guidance Update
M&A
  • Carriage Services reported adjusted diluted EPS of $0.75 for Q3 2025, marking a 17.2% increase over the prior year quarter, and confirmed the midpoint of its 2025 outlook.
  • Total revenue for Q3 2025 grew 2.0% to $102.7 million, driven by a 5.2% increase in operating revenue.
  • Operating revenue growth was primarily fueled by 21.4% growth in cemetery preneed sales and a 27.2% increase in financial revenue.
  • The company executed strategic portfolio adjustments, divesting seven funeral homes and one cemetery and acquiring two businesses that generated over $15 million in revenue last year, which contributed to reducing its leverage ratio to 4.1x.
  • GAAP diluted EPS for Q3 2025 was $0.41, compared to $0.63 in the prior year quarter.
Nov 5, 2025, 10:22 PM
Carriage Services Announces Third Quarter 2025 Results and Updates 2025 Outlook
CSV
Earnings
Guidance Update
M&A
  • Carriage Services reported total revenue of $102.7 million for the third quarter ended September 30, 2025, a 2.0% increase over the prior year quarter, with adjusted diluted EPS growing 17.2% to $0.75.
  • The company's performance was driven by a 5.2% growth in operating revenue, primarily from a 21.4% growth in cemetery preneed sales and a 27.2% increase in financial revenue.
  • Strategic initiatives included the divestiture of seven funeral homes and one cemetery and the acquisition of two businesses that generated over $15 million in revenue last year, which helped reduce the leverage ratio to 4.1x.
  • The company revised its 2025 outlook, projecting total revenue between $413 million and $417 million and adjusted diluted EPS between $3.25 and $3.30.
Nov 5, 2025, 9:47 PM