Carriage Services Inc reports results for the quarter ended in December - Earnings Summary

Carriage Services

23/02/2024 03:04

* Carriage Services Inc  CSV.N  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 64 cents.  The mean expectation of
four analysts for the quarter was for earnings of 49 cents per
share. Wall Street expected results to range from 47 cents to 51
cents per share.
    * Revenue rose 5.2% to $98.83 million from a year ago;
analysts
expected $93.65 million. 
    * Carriage Services Inc's reported EPS for the quarter was
75
cents​.
    * The company reported quarterly net income of $11.64
million.
    * Carriage Services Inc shares had risen by 0.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the personal
services
peer group is  "buy."

Wall Street's median 12-month price target for Carriage Services
Inc is $38.00 
This summary was machine generated from LSEG data February 23 at
03:03 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.49           0.77           Beat
 Sep. 30 2023      0.50           0.33           Missed
 Jun. 30 2023      0.53           0.53           Met
 Mar. 31 2023      0.52           0.56           Beat