earnings
confidence high
sentiment positive
materiality 0.75
Carriage Services record Q2 revenue $88.3M, adj. EPS $0.64; repurchase program boosted by $25M
CARRIAGE SERVICES INC
- Total revenue $88.3M (+13.9% YoY); adjusted diluted EPS $0.64 (+42.2%).
- Same-store cemetery revenue up 42.8% to $16.5M; cemetery field EBITDA margin 45.9%.
- Board added $25M to share repurchase program; total authorization now ~$63.3M.
- Intrinsic value per share range raised to $55–$65; rolling four-quarter outlook increased.
- GAAP net loss of $6.2M driven by $9.8M debt extinguishment loss from May refinancing.