secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001016281-24-000166
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000101628124000166/0001016281-24-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000101628124000166/csv-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001016281-24-000166

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