Carriage Services (CSV) Misses Q2 EPS by 4c

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Carriage Services Announces Record Results For Second Quarter 2015 and Raises Rolling Four Quarter Outlook

August 4, 2015 4:02 PM EDT

HOUSTON, Aug. 4, 2015 /PRNewswire/ -- (NYSE: CSV) Melvin C. Payne, Chief Executive Officer, stated, "We achieved record second quarter results with Adjusted Net Income of $6.4 million equal to Adjusted Diluted EPS of $0.34 and Adjusted Net Income Margin of 10.8% on record revenue of $59.3 million.  While the second quarter revenue and earnings increases over last year were all modest in the 3% - 5% range, the large increases comprising our record high performance for the first six months continues to reflect the maturity and effectiveness of Carriage as an operating and consolidation platform that has... More