Carriage Services Q4 revenue $97.7M, FY adj. EPS $2.65 (+21%); issues 2025 guidance; elects new Non-Executive Chair

CARRIAGE SERVICES INC

2024-FY EPS reported $2.10 revenue$404,198,000

Full year 2024 revenue $404.2M (+5.7%), adjusted EBITDA $126.2M (+11.5%), adj. diluted EPS $2.65 (+21.0%), exceeding guidance.
GAAP net income $33.0M (-1.4%), GAAP diluted EPS $2.10 (-1.9%) due to lower volumes in Q4.
Leverage ratio improved to 4.3x from 5.1x; $42.1M debt paid down.
2025 guidance: revenue $400-410M, adj. EBITDA $128-133M, adj. EPS $3.10-3.30.
Donald D. Patteson, Jr. elected Non-Executive Chair; Edmondo Robinson elected Audit Committee Chair.

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