Carriage Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 26, 2022 at 04:33 pm EDT
Share
Carriage Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 87.5 million compared to USD 95.04 million a year ago. Net income was USD 5.86 million compared to USD 13.05 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.71 a year ago.
For the nine months, revenue was USD 276.26 million compared to USD 279.96 million a year ago. Net income was USD 33.16 million compared to USD 19.81 million a year ago. Basic earnings per share from continuing operations was USD 2.22 compared to USD 1.11 a year ago. Diluted earnings per share from continuing operations was USD 2.09 compared to USD 1.08 a year ago.
Carriage Services, Inc. is a provider of funeral and cemetery services and merchandise in the United States. Its Funeral home and cemetery businesses provide products and services to families in three areas: ceremony and tribute, generally in the form of a funeral or memorial service; disposition of remains, either through burial or cremation, and memorialization, generally through monuments, markers or inscriptions. Its funeral homes offer a complete range of services to meet a family's funeral needs, consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral home facilities for visitation and memorial services and transportation services. Its Cemeteries provides interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers and monuments) and services (interments, inurnments and installation of cemetery merchandise).
CARRIAGE SERVICES, INC. 
