Carriage Services Q4 revenue beats expectations

Reuters
Feb 26
Carriage Services Q4 revenue beats expectations

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.)

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