secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001016281-23-000104
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carriage Services Q2 revenue up 7.8% to $97.7M; adjusted EBITDA margin expands to 29.4%
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- Total revenue $97.7M (+7.8% YoY); cemetery revenue grew 16.1%, funeral 4.6%.
- Adjusted diluted EPS $0.53, beating expectations; GAAP diluted EPS $0.53 (down from $0.69).
- Adjusted consolidated EBITDA $28.7M (+13.3% YoY); margin up 150 bps to 29.4%.
- FY2023 guidance reaffirmed: revenue $375-$385M, adj. EBITDA $110-$115M, adj. EPS $2.25-$2.40.
- Added three new independent directors as part of Board refreshment plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000101628123000104/0001016281-23-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000101628123000104/csv-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001016281-23-000104

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