Highest-materiality recent filing
Carriage Services Q2 2026 adjusted EPS $0.78, revenue $102.9M; confirms 2026 EPS midpoint
GAAP diluted EPS $0.77 vs $0.74 YoY; adjusted diluted EPS $0.78 vs $0.74.
Carriage Services Q1 2026: Revenue $106.1M, Adj. EBITDA up 2.4%; Announces $100M ATM Equity Program
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).
Carriage Services Q4 GAAP EPS $0.77 (+24%), revenue $105.5M (+8%); issues 2026 guidance
GAAP diluted EPS $0.77 (Q4) vs $0.62 prior year (+24.2%); adjusted diluted EPS $0.75 vs $0.62 (+21.0%).
Carriage Services Q3 adj EPS $0.75, +17.2% YoY; revenue $102.7M, +2%
GAAP EPS $0.41 vs $0.63 YoY; adjusted EPS $0.75 vs $0.64, up 17.2%.
Carriage Services Q2 EPS $0.74 (up 85% YoY), announces acquisitions, raises FY outlook
GAAP diluted EPS $0.74 vs $0.40 (up 85.0%); adjusted EPS $0.74 vs $0.63 (up 17.5%).
Carriage Services Q1 2025 GAAP diluted EPS $1.34, up 197.8% YoY; revenue $107.1M, up 3.5%
GAAP net income $20.9M vs $7.0M; GAAP diluted EPS $1.34 vs $0.45; adjusted diluted EPS $0.96 vs $0.75 (28% increase).
Full year 2024 revenue $404.2M (+5.7%), adjusted EBITDA $126.2M (+11.5%), adj. diluted EPS $2.65 (+21.0%), exceeding guidance.
Carriage Services appoints John Enwright as CFO effective Jan 2, 2025
John Enwright named SVP, CFO & Treasurer, starting Jan 2, 2025.
Carriage Services Q3 revenue $100.7M (+11.3% YoY), EPS $0.63 vs $0.30; raises full-year guidance
Revenue $100.7M (+11.3% YoY); GAAP net income $9.9M (+112.4%); adjusted EBITDA $30.7M (+26.7%).
Carriage Services Q2 revenue up 4.8% to $102.3M; adjusted EPS $0.63; raises FY 2024 guidance
Q2 GAAP diluted EPS $0.40 vs $0.53 YoY; adjusted diluted EPS $0.63 vs $0.53 (+18.9%).
Carriage Services Q1 revenue up 8.4% to $103.5M; adjusted EPS up to $0.75 from $0.56
Total revenue $103.5M (+8.4% YoY); cemetery preneed sales jumped 38.4%.
Carriage Services Q4 revenue up 5.2%; founder Payne steps down; strategic review ends with no sale
Q4 revenue $98.8M (+5.2% YoY); adj. EBITDA $32.4M (+13.2% YoY); adj. diluted EPS $0.77 vs $0.64.
Carriage Services Q3 revenue up 3.4% to $90.5M; tightens FY guidance
Total revenue $90.5M (+3.4% YoY), net income $4.6M ($0.30 diluted EPS) vs $5.9M ($0.38) prior year.
Carriage Services Q2 revenue up 7.8% to $97.7M; adjusted EBITDA margin expands to 29.4%
Total revenue $97.7M (+7.8% YoY); cemetery revenue grew 16.1%, funeral 4.6%.
Carriage Services initiates strategic alternatives review including possible sale or merger
Board of Directors launched process to explore strategic alternatives to maximize shareholder value.
Carriage Services appoints Carlos Quezada as CEO; founder Mel Payne becomes Executive Chairman
Carlos Quezada, previously President & COO, named CEO effective June 21, 2023.
Two Carriage Services directors fail to win majority; say-on-pay not approved
Douglas Meehan received 5,186,668 votes for, 5,329,120 withheld; Donald Patteson 5,029,684 for, 5,486,104 withheld; neither elected.
Carriage Services Q1 revenue down 3%, EPS down to $0.57; acquires Greenlawn; appoints new CFO
Revenue $95.5M, down from $98.2M YoY; net income $8.8M ($0.57 EPS) vs $16.4M ($1.00 EPS) last year.
Carriage Services appoints new CFO; CEO suffered stroke but expected to recover
Appointed Kian Granmayeh as EVP, CFO and Treasurer effective March 13, 2023; base salary $500,000, target bonus 100% of salary, 15,000 RSUs with 3-year vest.
Carriage Services Q4 net income falls 38% to $8.2M; full-year EPS $2.63, guides 2023 EPS $2.25-2.40
Full year 2022 total revenue $370.2M (down 1.5% YoY); net income $41.4M (up 25% YoY); diluted EPS $2.63 (up 45% YoY).
Carriage Services launches HPCPRP plan, targets 2024 revenue $390-400M, acquires Greenlawn
Definitive agreement to acquire Greenlawn Funeral Homes and Cemeteries (Bakersfield, CA); expected close early 2023; proforma 2023 revenue ~$23-24M, EBITDA ~$8-9M.
Carriage Services Q3 revenue $87.5M, adjusted EPS $0.45; acquisitions & leadership changes
Q3 total revenue $87.5M, down 7.9% YoY; GAAP diluted EPS $0.38, down 46.5%.
Carriage Services CFO Ben Brink to resign effective Jan 2, 2023; search underway
CFO Ben Brink resigns effective Jan 2, 2023; will serve as consultant through June 30, 2023.
Q2 revenue $90.6M (record, +2.6% YoY); GAAP net income $10.9M (+276.7%); GAAP diluted EPS $0.69 vs $0.32.
Carriage Services amends credit facility: revolver raised to $250M, leverage cap to 5.25x
Revolving credit commitments increased from $200M to $250M; $180.3M drawn as of May 27, 2022.
Carriage Services Q1 revenue $98.2M, GAAP EPS $1.00, adjusted EPS $0.92; record quarter
Revenue $98.2M (+1.6% YoY); GAAP diluted EPS $1.00 (+40.8%); adjusted diluted EPS $0.92 (+13.6%).
Carriage Services Q4 revenue $95.9M, adj. EPS $0.78; Quezada promoted to President and COO
Full-year 2021 revenue $375.9M (+14.1% YoY); GAAP diluted EPS $1.81, adjusted $3.02 (+62.4% YoY).
Carriage Services increases revolving credit facility to $200M from $150M
Revolving credit commitment increased by $50M to $200M via Nov 22, 2021 amendment.
Q3 revenue $95.0M (+12.6% YoY); adj. diluted EPS $0.82 (+60.8% YoY); GAAP diluted EPS $0.71.
Carriage Services record Q2 revenue $88.3M, adj. EPS $0.64; repurchase program boosted by $25M
Total revenue $88.3M (+13.9% YoY); adjusted diluted EPS $0.64 (+42.2%).
On October 30, 2024, pursuant to the authority granted to the Board by the Company’s Amended and Restated Bylaws, and upon the recommendation of the Corporate Governance Committee, the Board elected Edmondo Robinson to serve as a Class II Director until the Company’s 2025 annual meeting of shareholders.
On June 6, 2024, L. Kian Granmayeh informed Carriage Services, Inc. (the “Company”) that he would resign from his position as Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer) of the Company effective July 1, 2024
the Company’s Board appointed Kathryn Shanley as the Company’s interim Principal Financial Officer, effective June 6, 2024
Effective March 25, 2024, Kathryn Shanley has been appointed to serve as Carriage Service, Inc.’s (the “Company”) Chief Accounting Officer (Principal Accounting Officer).
In connection with the appointment of Ms. Shanley as the Company’s Chief Accounting Officer (Principal Accounting Officer) , effective March 25, 2024, L. Kian Granmayeh ceased serving as the Company’s Principal Accounting Officer.
In connection with the appointment of Mr. Granmayeh as the Company’s Principal Accounting Officer, effective February 21, 2024, Adeola Olaniyan ceased serving as the Company’s Principal Accounting Officer. Ms. Olaniyan continues to serve as the Company’s Corporate Controller.
Effective February 21, 2024, the Company’s Board of Directors appointed L. Kian Granmayeh, the Company’s Executive Vice President and Chief Financial Officer (Principal Financial Officer), as the Company’s Principal Accounting Officer.
on February 22, 2024 (the “Transition Date”), Melvin C. Payne, the Company’s founder and former Chief Executive Officer, will cease to serve as Executive Chairman of the Board of the Company.
the Board elected Julie Sanders to serve as a Class II Director until the Company’s 2025 annual meeting of shareholders.
On July 24, 2023, Barry K. Fingerhut, a member of the Carriage Services, Inc. (“Carriage” or the “Company”) Board of Directors (the “Board”), provided notice of his resignation from the Board of the Company, effective on July 25, 2023.
On July 5, 2023, pursuant to the authority granted to the Board of Directors (the “Board”) by the Amended and Restated Bylaws of Carriage Services, Inc. (“Carriage” or the “Company”), the Board increased the size of the Board from six to seven directors, and upon the recommendation of the Corporate Governance Committee, elected Somer Webb to serve as a Class I Director until the Company’s 2024 annual meeting of shareholders.
Mr. Payne stepped down as CEO of the Company and the Board approved his appointment as Executive Chairman of the Board, effective June 21, 2023.
Max materiality 0.85 · Median 0.70 · Most common event earnings