Financial PerformanceRevenue increased 3.5% to $107.1 million, above the FactSet consensus of $103.9 million.
Growth StrategyCarriage Services announced it acquired substantially all of the assets of Osceola Memory Gardens, marking a return to inorganic growth as part of its long-term growth strategy.
Stock ValuationThe stock is trading at a discount compared to its peer group, which supports the OUTPERFORM investment rating and the recently raised $60 price target.