earnings
confidence high
sentiment positive
materiality 0.70
Carriage Services Q2 revenue up 4.8% to $102.3M; adjusted EPS $0.63; raises FY 2024 guidance
CARRIAGE SERVICES INC
2025-Q2 EPS
reported $0.85
vs consensus $0.73
▲ beat
(+15.8%)
- Q2 GAAP diluted EPS $0.40 vs $0.53 YoY; adjusted diluted EPS $0.63 vs $0.53 (+18.9%).
- Adjusted consolidated EBITDA $32.6M (31.9% margin) vs $28.7M (29.4%) YoY.
- Preneed cemetery interment rights sold up 25.6% (4,179 vs 3,327); average price up 11.3% to $5,908.
- Full-year 2024 guidance raised: revenue $390-$400M, adj. EBITDA $117-$123M, adj. EPS $2.30-$2.40.
- Credit agreement amended: maturity extended to 2029, revised pricing grid, ~$151M drawn, $96.4M available.