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Carriage Services (CSV) Reports Q4 Earnings; Guides Above for FY09

February 26, 2009 5:40 PM EST
CSV Hot Sheet
EPS Growth %: +41.7%

Financial Fact:
Gross profit: 16.93M

Today's EPS Names:
TARO, BRLI, TLB, More
Carriage Services (NYSE: CSV) reports Q4 EPS of $0.04 (ex-items), in-line with the analyst estimate of $0.04. Revenues for the quarter were $43.8 million, versus the consensus of $40.65 million.

Sees FY09 EPS between $0.36-0.40 vs. consensus of $0.25. Sees FY09 revenues between $175.0-$180.0 million vs. $167.30 million consensus. (NOTE - only 1 analyst)

Separately, Joe R. Davis and Gary L. Forbes resigned their positions as Class I and Class II directors, respectively, effective February 25, 2009. The Board of Directors has appointed Richard W. Scott as a Class I director and L. William Heiligbrodt as a Class II director.

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Earnings, Guidance, Management Changes

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