Carriage Services Q4 revenue $95.9M, adj. EPS $0.78; Quezada promoted to President and COO

CARRIAGE SERVICES INC

2021-FY EPS reported $1.81 revenue$375,886,000

Full-year 2021 revenue $375.9M (+14.1% YoY); GAAP diluted EPS $1.81, adjusted $3.02 (+62.4% YoY).
Q4 revenue $95.9M (+6.5%); GAAP diluted EPS $0.77, adjusted $0.78 (+36.8% vs Q4 2020).
Adjusted free cash flow for 2021 was $75.7M; net operating cash flow $84.2M.
Board authorized $75M share repurchase increase; $83.1M total remaining authorization.
Intrinsic value per share range raised to $70-$80; Carlos Quezada named President & COO.

item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

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Role change

Carlos R. Quezada

President and Chief Operating Officer

CSV · CARRIAGE SERVICES INC

Effective: 2022-02-23
Filed: February 24, 2022, 6:59 PM ET

On February 23, 2022, the Company’s Board of Directors (the “Board”) appointed Carlos R. Quezada, age 51, to serve as the Company’s President and Chief Operating Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Carlos R. Quezada was appointed as President and Chief Operating Officer at CARRIAGE SERVICES INC.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

On February 23, 2022, the Company’s Board of Directors (the “Board”) appointed Carlos R. Quezada, age 51, to serve as the Company’s President and Chief Operating Officer.

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CARRIAGE SERVICES INC filing history →

Source: SEC EDGAR

accession 0001193125-22-052271

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