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

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

April 25, 2016 4:36 PM EDT

HOUSTON, April 25, 2016 /PRNewswire/ -- Carriage Services, Inc. (NYSE: CSV) today announced record results for the first quarter ended March 31, 2016 as highlighted below:

Three Months Ended March 31, 2016 compared to Three Months Ended March 31, 2015

Total Revenue of $63.3 million, an increase of 0.1%; Total Field EBITDA of $27.7 million, an increase of 0.6%; Total Field EBITDA Margin up 20 basis points to 43.7%; Adjusted Consolidated EBITDA of $19.9 million, an increase of 1.1%; Adjusted Consolidated EBITDA Margin up 30 basis points to 31.4%; Adjusted Diluted Earnings Per Share of $0.47, an increase of 11.9%; and... More