Quarterly ResultAug 5, 2026, 04:38 PM
Carriage Services Q2 GAAP Net Income +4.5%; Adjusted EPS $0.78
AI Summary
Carriage Services announced its second quarter 2026 financial results, reporting a 4.5% increase in GAAP Net Income to $12.3 million and adjusted diluted EPS of $0.78. Total revenue saw a modest increase of 0.8% to $102.9 million, despite a 3.5% decline in at-need volume. The company highlighted strong growth in preneed programs and financial revenue, and confirmed its 2026 earnings per share midpoint guidance.
Key Highlights
- Q2 2026 GAAP Net Income grew 4.5% to $12.3 million.
- Q2 2026 Adjusted diluted EPS increased to $0.78 from $0.74 YoY.
- Q2 2026 Total revenue increased 0.8% to $102.9 million.
- Adjusted Consolidated EBITDA grew 3.1% to $33.3 million, with margin expanding 70 bps to 32.3%.
- Consolidated cemetery preneed sales production increased 5.0%.
- Consolidated insurance-funded preneed funeral contracts sold grew 21.1%.
- Completed the strategic acquisition of one funeral home.
- Confirmed 2026 Adjusted diluted EPS guidance of $3.35 - $3.55.
Price Impact
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