Carriage Services Inc reports results for the quarter ended in September 30 - Earnings Summary

Carriage Services

31/10/2024 03:08

* Carriage Services Inc  CSV.N  reported quarterly adjusted
earnings of 64 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 33 cents.  The mean expectation of four analysts
for the quarter was for earnings of 42 cents per share. Wall
Street expected results to range from 30 cents to 49 cents per
share.
    * Revenue rose 11.3% to $100.69 million from a year ago;
analysts
expected $92.93 million. 
    * Carriage Services Inc's reported EPS for the quarter was
63
cents​.
    * The company reported quarterly net income of $9.87
million.
    * Carriage Services Inc shares had fallen by 0.7% this
quarter and
gained 30.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 39.50 
This summary was machine generated from LSEG data October 31 at
03:08 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
 Sep. 30 2024      0.42           0.64           Beat
 Jun. 30 2024      0.52           0.63           Beat
 Mar. 31 2024      0.59           0.75           Beat
 Dec. 31 2023      0.49           0.77           Beat