Quarterly ResultMay 7, 2026, 04:43 PM
Carriage Services Q1 Net Income $13.49M, EPS $0.84
AI Summary
Carriage Services reported a significant decline in net income and diluted earnings per share for the first quarter of 2026. Net income fell to $13.49 million from $20.93 million year-over-year, with diluted EPS decreasing to $0.84 from $1.34. Total revenue saw a slight dip to $106.12 million. The company also implemented an executive leadership restructuring and changed its segment profit measure to adjusted operating profit.
Key Highlights
- Net income for Q1 2026 was $13.492 million, down from $20.926 million in Q1 2025.
- Diluted EPS for Q1 2026 was $0.84, a decrease from $1.34 in Q1 2025.
- Total revenue for Q1 2026 was $106.120 million, slightly down from $107.069 million in Q1 2025.
- Operating income decreased to $25.277 million in Q1 2026 from $31.564 million in Q1 2025.
- Net cash provided by operating activities increased to $14.898 million in Q1 2026 from $13.792 million.
- Dividends declared per common share remained flat at $0.1125 for both Q1 2026 and Q1 2025.
- Funeral Home Operations revenue was $71.714 million in Q1 2026, down from $74.619 million.
- Cemetery Operations revenue was $34.406 million in Q1 2026, up from $32.450 million.
Price Impact
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