Carriage Services Q1 2026: Revenue $106.1M, Adj. EBITDA up 2.4%; Announces $100M ATM Equity Program

CARRIAGE SERVICES INC

2026-Q1 EPS reported $0.84 revenue$106,120,000

GAAP diluted EPS $0.84 vs $1.34 prior year; operating income $25.3M vs $31.6M (includes $7.8M prior-year gain on divestitures).
Adjusted diluted EPS $0.86 vs $0.96; adjusted EBITDA $33.8M (+2.4%), margin 31.8% vs 30.8%.
Cemetery revenue up 6.0% to $34.4M; preneed sales production up 10.0%, average price per interment right up 11.0%.
Comparable funeral volume down 5.8%, but average revenue per contract up 3.1% to $6,099.
Announced $100M at-the-market equity offering program to fund selective acquisitions and reduce leverage.

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Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CARRIAGE SERVICES INC reported first quarter March 31, 2026 results: revenue $106.1 million, net income $13.5 million, EPS $0.84. Guidance reaffirmed.

Period: first quarter March 31, 2026
Revenue: $106.1 million
Net income: $13.5 million
EPS: $0.84
Guidance: reaffirmed
Result: reported results

Exact text from the filing

million. Carlos Quezada, Vice Chairman and CEO, stated, "We are pleased by our first-quarter performance, particularly against a strong prior-year comparison. Total revenue of $106.1 million declined modestly by $0.9 million, driven primarily by a 5.8% decrease in comparable funeral volume. However, our cemetery portfolio demonstrated solid growth, finishing the

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accession 0001104659-26-056265

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