Overview
Funeral services provider's Q4 revenue grew, beating analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Company completed strategic acquisitions and divested non-core assets
Outlook
Carriage Services projects 2026 revenue of $440-$450 mln
Company expects 2026 adjusted EBITDA of $135-$140 mln
Carriage Services anticipates 2026 adjusted EPS of $3.35-$3.55
Result Drivers
FUNERAL CONTRACT VOLUME - Q4 funeral operating revenue increased by 9.6% due to higher funeral contract volume
PRENEED CEMETERY SALES - Cemetery operating revenue grew 18.4%, driven by strong preneed cemetery sales production
INSURANCE-FUNDED CONTRACTS - Financial revenue rose 17.7% due to a 27.4% increase in insurance-funded preneed funeral contracts
Company press release: ID:nGNXbZ7qJZ
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$105.50 mln
$103.99 mln (5 Analysts)
Q4 Adjusted EPS
Miss
$0.75
$0.82 (4 Analysts)
Q4 EPS
$0.77
Q4 Net Income
$12.30 mln
Q4 Adjusted EBITDA
Miss
$32.50 mln
$33.29 mln (5 Analysts)
Q4 Adjusted EBITDA Margin
30.80%
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)