Carriage Services Announces Record 2016 First Quarter Results, Raises Rolling Four Quarter Outlook

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Carriage Services (CSV) Tops Q1 EPS by 1c; Offers Rolling Four-Quarter Outlook

April 25, 2016 4:42 PM EDT

Carriage Services (NYSE: CSV) reported Q1 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $63.3 million versus the consensus estimate of $63.67 million.

ROLLING FOUR QUARTER OUTLOOK

The Rolling Four Quarter Outlook ("Outlook") reflects management's opinion on the performance of the portfolio of existing businesses, including performance of existing trusts, and excludes size and timing of acquisitions for the Rolling Four Quarter Outlook period ending March 31, 2017 unless we have a signed Letter of Intent and high likelihood of a closing within 90 days. This Outlook... More