Carriage Services, Inc. (CSV) Tops Q1 EPS by 3c, Offers Guidance

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Go back to Carriage Services, Inc. (CSV) Tops Q1 EPS by 3c, Offers Guidance

Carriage Services Announces Record Results For First Quarter 2015

May 5, 2015 4:01 PM EDT

HOUSTON, May 5, 2015 /PRNewswire/ -- Carriage Services, Inc. (NYSE: CSV) today announced results for the quarter ending March 31, 2015.

Melvin C. Payne, Chief Executive Officer, stated, "Our 2015 First Quarter Performance set numerous earning power milestone records with Adjusted Net Income of $8.0 million equal to Adjusted Diluted EPS of $0.42 and Adjusted Net Income Margin of 12.6% on record Revenue of $63.3 million.  The four simultaneous leveraging dynamics (operating, overhead, capital structure and consolidation platform) of Carriage's consolidation and operating platform for funeral homes and cemeteries contributed to the leveraging of a 13.7% Total Revenue increase into... More