secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001016281-21-000197
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carriage Services reports record Q3 revenue $95.0M, adj. EPS $0.82, raises share buyback by $75M, increases dividend
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- Q3 revenue $95.0M (+12.6% YoY); adj. diluted EPS $0.82 (+60.8% YoY); GAAP diluted EPS $0.71.
- Same-store funeral contracts +12.9%; same-store funeral EBITDA margin 45.0% (+340 bps).
- Board authorized additional $75M share repurchase, total authorization $85M; repurchased 1.2M shares at avg $44.24 since Q2.
- Quarterly dividend increased to $0.1125 per share, payable Dec 1, 2021 to holders of record Nov 9.
- Intrinsic value range raised by $10 to $65-$75 per share; leverage at 3.98x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000101628121000197/0001016281-21-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000101628121000197/csv-20211029.htm
  HTML page:      https://secwatch.observer/filing/0001016281-21-000197

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer