The earnings call reflected a mixed performance with significant financial achievements, such as a surge in GAAP net income and a return to growth mode through acquisitions. However, there were challenges including flat total revenue and margin compressions in both Funeral and Cemetery segments. While there is optimism about future growth and acquisition strategies, current financial pressures suggest a cautious outlook.
Company Guidance -
Q3 2025
During the Carriage Services Second Quarter 2025 Earnings Conference Call, the company provided updated guidance reflecting a positive outlook for the remainder of the year. Total revenue for the second quarter was $102.1 million, with Funeral operating revenue increasing by 1.4% to $59.6 million and Cemetery operating revenue slightly decreasing by 0.6% to $33.5 million. However, financial revenue rose significantly by 18.8% to $8.2 million. Despite some margin compression, with GAAP net income rising 85.7% to $11.7 million and GAAP diluted EPS increasing by 85% to $0.74, the company remains optimistic. Adjusted consolidated EBITDA was $32.3 million, with a slight decrease in margin to 31.6%. The company anticipates a full year revenue range of $410 million to $420 million, adjusted EBITDA between $129 million and $134 million, and adjusted diluted EPS of $3.15 to $3.35. With a focus on strategic acquisitions and continued strong sales performance, Carriage Services aims to deliver long-term value creation.
Strong Financial Revenue Growth
Financial revenue rose 18.8% to $8.2 million, driven by a 96.2% increase in preneed funeral commission income.
GAAP Net Income Surge
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 Growth Mode
Carriage Services is under contract to acquire new businesses serving over 2,600 families, with $15 million in revenue last year.
Debt Reduction Achievements
More than $100 million paid to reduce debt over two years, with $24 million paid year-to-date and a leverage ratio reduced to 4.2x from 4.6x.
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
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.