Overview
Funeral services provider's Q4 revenue grew, beating analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Company completed strategic acquisitions and divested non-core assets
Outlook
Carriage Services projects 2026 revenue of $440-$450 mln
Company expects 2026 adjusted EBITDA of $135-$140 mln
Carriage Services anticipates 2026 adjusted EPS of $3.35-$3.55
Result Drivers
FUNERAL CONTRACT VOLUME - Q4 funeral operating revenue increased by 9.6% due to higher funeral contract volume
PRENEED CEMETERY SALES - Cemetery operating revenue grew 18.4%, driven by strong preneed cemetery sales production
INSURANCE-FUNDED CONTRACTS - Financial revenue rose 17.7% due to a 27.4% increase in insurance-funded preneed funeral contracts
Company press release: ID:nGNXbZ7qJZ
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $105.50 mln | $103.99 mln (5 Analysts) |
Q4 Adjusted EPS | Miss | $0.75 | $0.82 (4 Analysts) |
Q4 EPS | $0.77 | ||
Q4 Net Income | $12.30 mln | ||
Q4 Adjusted EBITDA | Miss | $32.50 mln | $33.29 mln (5 Analysts) |
Q4 Adjusted EBITDA Margin | 30.80% |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)