Carriage Services (CSV) Misses Q3 EPS by 2c

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Carriage Services Announces Record Results For Third Quarter And Nine Months 2015 And Raises Rolling Four Quarter Outlook

November 3, 2015 4:36 PM EST

HOUSTON, Nov. 3, 2015 /PRNewswire/ -- Mel Payne, Chief Executive Officer, stated, "We achieved record third quarter results which accelerated our high performance growth for the first nine months of 2015 during which we achieved Total Revenue growth of 8.5% to $180.9 million, Adjusted Consolidated EBITDA growth of 19.5% to $53.3 million, Adjusted Diluted Earnings Per Share growth of 12.4% to $1.09 and Adjusted Free Cash Flow growth of 24.0% to $38.8 million.  Excluding a one-time $1.7 million tax benefit in the third quarter of 2014, equal to 9.5 cents per share, the Adjusted Diluted Earnings Per Share growth year over year for the nine months rose to 24.6%. And excluding the... More