---
schema_version: "secwatch.filing_event.v1"
accession: "0001016281-23-000129"
form_type: "8-K"
ticker: "CSV"
cik: "0001016281"
company_name: "CARRIAGE SERVICES INC"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:29:33.533180+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carriage Services Q3 revenue up 3.4% to $90.5M; tightens FY guidance

## Summary
- Total revenue $90.5M (+3.4% YoY), net income $4.6M ($0.30 diluted EPS) vs $5.9M ($0.38) prior year.
- Cemetery operating revenue grew 15.5%; adjusted consolidated EBITDA increased 6.1% to $24.3M, margin 26.8% (+70 bps).
- Adjusted free cash flow rose 30% to $21.4M; repaid $16.7M on credit facility during the quarter.
- FY 2023 guidance tightened: revenue $375-$380M, adjusted EBITDA $105-$110M, adjusted EPS $1.90-$2.00; free cash flow reaffirmed $50-$60M.
- Interest expense ~$0.12/share increase offset operating gains; management cites inflation and death rate normalization as headwinds.

## SEC filing metadata
- accession: 0001016281-23-000129
- form_type: 8-K
- ticker: CSV
- cik: 0001016281
- company_name: CARRIAGE SERVICES INC
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000129/0001016281-23-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000129/csv-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001016281-23-000129
- JSON: https://secwatch.observer/filing/0001016281-23-000129.json
- Plain text: https://secwatch.observer/filing/0001016281-23-000129.txt

## Key facts
- Earnings Releases
  CARRIAGE SERVICES INC updated its third quarter ended September 30, 2023 guidance (reaffirmed).
  - Period: third quarter ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1016281/000101628123000129/0001016281-23-000129-index.htm

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