Park Lawn Corporation

PLC.U

CA7005632087

Personal Services

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
16.72 ^CAD	+4.17%		+3.40%	-15.30%

Mar. 22	Park Lawn Corporation Announces First Quarter 2024 Dividend, Payable on April 15, 2024	CI
Mar. 12	Park Lawn Keeps Outperform Rating But Target Eased To C$21 From $22 at National Bank	MT

Park Lawn Corporation Reports Earnings Results for the Full Year Ended December 31, 2023

March 07, 2024 at 05:18 pm EST

Park Lawn Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 332.06 million compared to USD 311.63 million a year ago. Revenue was USD 347.6 million compared to USD 326.11 million a year ago.

Net loss was USD 7.61 million compared to net income of USD 25.12 million a year ago. Basic loss per share from continuing operations was USD 0.223 compared to basic earnings per share from continuing operations of USD 0.735 a year ago. Diluted loss per share from continuing operations was USD 0.223 compared to diluted earnings per share from continuing operations of USD 0.725 a year ago.

Latest news about Park Lawn Corporation

Park Lawn Corporation Announces First Quarter 2024 Dividend, Payable on April 15, 2024	Mar. 22	CI
Park Lawn Keeps Outperform Rating But Target Eased To C$21 From $22 at National Bank	Mar. 12	MT
National Bank Reviews Park Lawn's Q4 Results; Down Over 4%	Mar. 08	MT
Transcript : Park Lawn Corporation, Q4 2023 Earnings Call, Mar 08, 2024	Mar. 08
Park Lawn Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 07	CI
Earnings Flash (PLC) PARK LAWN CORPORATION Posts Q4 EPS $0.25	Mar. 07	MT
Park Lawn Brief: Q4 Adjusted Net Earnings per share-diluted $0.247; Providing 2024 Financial Outlook	Mar. 07	MT
Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors	Mar. 07	CI
North American Morning Briefing : Powell Still in the Spotlight; ECB Rate Decision Looms	Mar. 07	DJ
Park Lawn Brief: Says Completed Acquisition of substantially all of the assets of Crippin Funeral Home located in Montrose, Colorado	Feb. 20	MT
Park Lawn Corporation acquired Substantially All of the Assets of Crippin Funeral Home from Crippin Funeral Home.	Feb. 19	CI
Park Lawn Brief: Says Completed Divestiture of Certain Legacy Assets	Dec. 20	MT
Park Lawn Corporation Announces Fourth Quarter 2023 Dividend, Payable on December 29, 2023	Dec. 19	CI
Park Lawn Corporation(TSX:PLC) dropped from S&P/TSX Capped Composite Index	Dec. 18	CI
Park Lawn Corporation(TSX:PLC) dropped from S&P/TSX Completion Index	Dec. 18	CI
Park Lawn Corporation(TSX:PLC) dropped from S&P/TSX Composite Index	Dec. 18	CI
Transcript : Park Lawn Corporation, Q3 2023 Earnings Call, Nov 10, 2023	Nov. 10
Park Lawn Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Earnings Flash (PLC) PARK LAWN CORPORATION Posts Q3 EPS $0.153	Nov. 09	MT
North American Morning Briefing : Traders Await -2-	Nov. 09	DJ
Park Lawn Brief: National Adds It Views Current Trading Levels Below Its Conservative Target As "An Attractive Buying Opportunity" and "Emphatically" Reiterate Its Outperform rating	Nov. 07	MT
Park Lawn Brief: National Says Divestiture at 8x "Providing a Robust Valuation Backstop as the Remaining Portfolio is of Higher Quality"	Nov. 07	MT
Park Lawn Brief: National Therefore Move Its Target to C$22 (was C$31) on 8.5x 2025e EV/EBITDA (was 11x); It Kept An Outperform Rating on PLC	Nov. 07	MT
Park Lawn Brief: National Also Adjusts Its valuation methodology to cap Target at a 6% FCF yield, "a Level We Believe is More Defensible Given the Current Opportunity Cost of Cash Investments"	Nov. 07	MT
Park Lawn Brief: Ahead of Park Lawn's Q3 Results on Nov. 9, National Bank Modified Its Estimates For the divestment of MMG, Saber and Citadel	Nov. 07	MT

Chart Park Lawn Corporation

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Company Profile

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.

Sector

Personal Services

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Analysis / Opinion

Park Lawn Corporation : An industry that won't be in crisis

September 19, 2023 at 10:45 am EDT

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Ratings for Park Lawn Corporation

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

12.21 USD

Average target price

17.26 USD

Spread / Average Target

+41.34%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

Sector Funeral Services

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FU SHOU YUAN INTERNATIONAL GROUP LIMITED	-0.94%	1.52B
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PROPEL FUNERAL PARTNERS LIMITED	+3.10%	478M
CARRIAGE SERVICES, INC.	-0.36%	378M
DIGNITY GROUP HOLDINGS LIMITED	-.--%	344M
SAN HOLDINGS, INC.	-2.34%	141M
HEIAN CEREMONY SERVICE CO.,LTD.	+11.69%	67.24M
KIZUNA HOLDINGS CORP.	-2.88%	66.7M
TEAR CORPORATION	-1.75%	64.35M

Funeral Services