---
schema_version: "secwatch.filing_event.v1"
accession: "0001016281-23-000067"
form_type: "8-K"
ticker: "CSV"
cik: "0001016281"
company_name: "CARRIAGE SERVICES INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-15T23:55:26.575717+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Carriage Services Q1 revenue down 3%, EPS down to $0.57; acquires Greenlawn; appoints new CFO

## Summary
- Revenue $95.5M, down from $98.2M YoY; net income $8.8M ($0.57 EPS) vs $16.4M ($1.00 EPS) last year.
- Adjusted EBITDA $27.8M vs $32.5M; margin 29.1% vs 33.1%. Adjusted diluted EPS $0.56 vs $0.92.
- Acquired Greenlawn Funeral Homes and Cemeteries (~$18M 2022 revenue), adding 3 funeral homes, 2 cemeteries in Bakersfield, CA.
- Appointed Kian Granmayeh as EVP, CFO and Treasurer.
- Reaffirmed FY2023 outlook: revenue $375-$385M, adjusted EBITDA $110-$115M, adjusted EPS $2.25-$2.40.

## SEC filing metadata
- accession: 0001016281-23-000067
- form_type: 8-K
- ticker: CSV
- cik: 0001016281
- company_name: CARRIAGE SERVICES INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000067/0001016281-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000067/csv-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001016281-23-000067
- JSON: https://secwatch.observer/filing/0001016281-23-000067.json
- Plain text: https://secwatch.observer/filing/0001016281-23-000067.txt

## Key facts
- Earnings Releases
  CARRIAGE SERVICES INC updated its first quarter ended March 31, 2023 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000067/0001016281-23-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.