Carriage Services Q3 revenue $100.7M (+11.3% YoY), EPS $0.63 vs $0.30; raises full-year guidance

CARRIAGE SERVICES INC

2025-Q3 EPS reported $1.48 vs consensus $0.74 ▲ beat (+100.1%)

Revenue $100.7M (+11.3% YoY); GAAP net income $9.9M (+112.4%); adjusted EBITDA $30.7M (+26.7%).
GAAP diluted EPS $0.63, adjusted diluted EPS $0.64 vs $0.30 and $0.33 YoY; cemetery preneed sales +27.1%.
Paid down $15M debt; leverage ratio improved to 4.3x from 5.3x.
Raised FY2024 guidance: revenue $395-$405M, adj. EBITDA $120-$125M, adj. diluted EPS $2.45-$2.55.
Board elected Edmondo Robinson as independent director, effective Oct 30, 2024.

item 2.02 item 5.02 item 9.01

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Appointed

Edmondo Robinson

Director

CSV · CARRIAGE SERVICES INC

Effective: 2024-10-30
Filed: October 30, 2024, 7:59 PM ET

On October 30, 2024, pursuant to the authority granted to the Board by the Company’s Amended and Restated Bylaws, and upon the recommendation of the Corporate Governance Committee, the Board elected Edmondo Robinson to serve as a Class II Director until the Company’s 2025 annual meeting of shareholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Edmondo Robinson was elected as Director at CARRIAGE SERVICES INC.

Action: elected
Role: Director

Exact text from the filing

On October 30, 2024, pursuant to the authority granted to the Board by the Company’s Amended and Restated Bylaws, and upon the recommendation of the Corporate Governance Committee, the Board elected Edmondo Robinson to serve as a Class II Director until the Company’s 2025 annual meeting of shareholders.

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CARRIAGE SERVICES INC filing history →

Source: SEC EDGAR

accession 0001016281-24-000166

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