Carriage Services Q3 adj EPS $0.75, +17.2% YoY; revenue $102.7M, +2%

CARRIAGE SERVICES INC

2025-Q3 EPS reported $2.47 revenue$311,958,000

GAAP EPS $0.41 vs $0.63 YoY; adjusted EPS $0.75 vs $0.64, up 17.2%.
Total revenue $102.7M, +2.0% YoY; operating revenue +5.2% driven by 21.4% growth in cemetery preneed sales.
Financial revenue +27.2% YoY, driven by 27.9% increase in preneed insurance contracts sold.
Acquired two businesses generating >$15M annual revenue; divested seven funeral homes and one cemetery. Leverage ratio 4.1x.
Adjusted consolidated EBITDA $33.0M, margin 32.1% vs 30.5% YoY.

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