Carriage Services, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 21, 2024 at 05:58 pm EST
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Carriage Services, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 98.83 million compared to USD 93.92 million a year ago. Net income was USD 11.64 million compared to USD 8.22 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.56 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to USD 0.53 a year ago.
For the full year, revenue was USD 382.52 million compared to USD 370.17 million a year ago. Net income was USD 33.41 million compared to USD 41.38 million a year ago. Basic earnings per share from continuing operations was USD 2.24 compared to USD 2.78 a year ago. Diluted earnings per share from continuing operations was USD 2.14 compared to USD 2.63 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. 
