The earnings call highlights positive growth in financial revenue, significant increase in GAAP net income, and a strategic return to acquisitions, indicating a strong overall performance. However, there are challenges with cemetery revenue decline and margin compression due to inflationary pressures. Despite these challenges, the positive aspects such as debt reduction and increased guidance suggest confidence in future growth.

Company Guidance

During the Carriage Services Second Quarter 2025 Earnings Conference Call, the company shared its updated guidance and financial performance metrics. Total revenue for the quarter was reported at $102.1 million, with Funeral operating revenue growing 1.4% to $59.6 million and Cemetery operating revenue slightly decreasing by 0.6% to $33.5 million. Financial revenue growth was robust at 18.8%, driven by a 96.2% increase in preneed funeral commission income. The company's GAAP net income rose significantly by 85.7% to $11.7 million, with a GAAP diluted EPS of $0.74, up 85% from the previous year. Adjusted consolidated EBITDA for the quarter was $32.3 million, representing a 1% decline. However, corporate overhead costs improved to 12.2% of revenue, contributing to an adjusted consolidated EBITDA margin of 31.6%. The company updated its full-year guidance with anticipated revenues between $410 million and $420 million, adjusted consolidated EBITDA ranging from $129 million to $134 million, and adjusted diluted EPS between $3.15 and $3.35. Additionally, the leverage ratio is expected to range between 4.1 and 4.2x by year-end. The company is back to growth mode, with plans to close multiple acquisitions this quarter, enhancing its strategic position for future value creation.

Increased Revenue in Funeral Segment

Total Funeral operating revenue grew 1.4% to $59.6 million for the quarter, and year-to-date, it grew by $3.9 million or 3.1%.

Strong Financial Revenue Growth

Financial revenue rose 18.8% to $8.2 million, with a 96.2% increase in preneed funeral commission income.

Substantial Increase in GAAP Net Income

GAAP net income for the quarter was $11.7 million, up 85.7% from $6.3 million in the same quarter last year.

Return to M&A Growth Strategy

Carriage Services is back to growth mode with acquisitions under contract, expected to serve more than 2,600 families and generate over $15 million in revenue.

Debt Reduction Achievements

More than $100 million paid to reduce debt over the past two years, with a $7 million payment toward outstanding debt this quarter.

Guidance Increase

Updated guidance anticipates revenues between $410 million to $420 million, showing confidence in future growth.

Carriage Services (CSV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CSV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.71 / -	0.64	―	―	―
Aug 06, 2025	2025 (Q2)	0.73 / 0.74	0.63	17.46% (+0.11)
Apr 30, 2025	2025 (Q1)	0.82 / 1.34	0.75	78.67% (+0.59)
Feb 26, 2025	2024 (Q4)	0.51 / 0.62	0.77	-19.48% (-0.15)
Oct 30, 2024	2024 (Q3)	0.43 / 0.64	0.33	93.94% (+0.31)	―
Jul 31, 2024	2024 (Q2)	0.52 / 0.63	0.53	18.87% (+0.10)	―
May 01, 2024	2024 (Q1)	0.62 / 0.75	0.56	33.93% (+0.19)	―
Feb 21, 2024	2023 (Q4)	0.49 / 0.77	0.64	20.31% (+0.13)	―
Nov 08, 2023	2023 (Q3)	0.50 / 0.33	0.45	-26.67% (-0.12)	―
Aug 02, 2023	2023 (Q2)	0.53 / 0.53	0.58	-8.62% (-0.05)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CSV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$46.21	$47.95	+3.77%
Apr 30, 2025	$39.75	$39.53	-0.55%
Feb 26, 2025	$40.95	$39.47	-3.61%
Oct 30, 2024	$32.30	$36.98	+14.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Carriage Services (CSV) report earnings?

Carriage Services (CSV) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Carriage Services (CSV) earnings time?

Carriage Services (CSV) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CSV EPS forecast?

CSV EPS forecast for the fiscal quarter 2025 (Q3) is 0.72.

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