Carriage Services (CSV) Tops Q2 EPS by 5c; Offers FY23 Guidance

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Carriage Services Announces Second Quarter 2023 Results

August 2, 2023 4:25 PM EDT

HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter ended June 30, 2023.

Company Highlights:

Total revenue increased $7.1 million over the prior year quarter, or 7.8%, driven by strong 16.1% growth in cemetery and 4.6% growth in funeral;Adjusted consolidated EBITDA increased $3.4 million over the prior year quarter, or 13.3% and adjusted consolidated EBITDA margin increased 150 basis points to... More