secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001193125-24-190142
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carriage Services Q2 revenue up 4.8% to $102.3M; adjusted EPS $0.63; raises FY 2024 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000119312524190142/0001193125-24-190142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000119312524190142/d872733d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-190142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer