Carriage Services announces new capital allocation framework
The company terminates its $100M ATM program and establishes a new $300M credit facility to prioritize share repurchases and balance sheet strength.
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The company terminates its $100M ATM program and establishes a new $300M credit facility to prioritize share repurchases and balance sheet strength.
The company reported stable revenue and adjusted EBITDA margins while highlighting operational growth. It closed on a funeral home acquisition in Tennessee.
The company reports a 6.0% increase in cemetery revenue and launches a $100 million at-the-market equity offering program for strategic growth.
Q1 revenue reached $106.1 million while the company maintained a strong balance sheet and outlined full-year guidance.
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Revenue rose 0.8% YoY to $102.9 million, offsetting a 2.4% drop in funeral revenue. Adjusted EBITDA increased 3.1% to $33.3 million, with margin expanding 70...
Adjusted EBITDA reached USD 33.30 million in second-quarter 2026. Carriage Services stock costs EUR...
CEO Quezada pointed to improved profitability despite lower volume: "Adjusted consolidated EBITDA was $33.3 million… an adjusted consolidated EBITDA margin of 32.3%," and "Adjusted diluted...
Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter June 30, 2026. Carlos Quezada, Vice Chairman and CEO, stated, "We...
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