Carriage Services (CSV) Raises Quarterly Dividend 50% to $0.075; 1.2% Yield
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Go back to Carriage Services (CSV) Raises Quarterly Dividend 50% to $0.075; 1.2% Yield
October 25, 2017 4:42 PM EDT
Carriage Services, Inc. (NYSE: CSV) today announces that its Board of Directors has approved a $15.0 million increase in its previously authorized share repurchase program for repurchases of the Company's common stock. On February 25, 2016, the Company announced that the Board had approved the repurchase of up to $25.0 million of the Company's common stock. During the third quarter of 2017, the Company began repurchasing common stock and used $14.0 million of that authorization to purchase approximately 574,000 shares of the Company's common stock, with $11.0 million remaining available for future purchases. Accordingly, as a result of the Board's recent... More
October 25, 2017 4:41 PM EDT
Carriage Services (NYSE: CSV) reported Q3 EPS of $0.25, $0.12 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $61.1 million versus the consensus estimate of $62.86 million.
GUIDANCE:
Carriage Services sees Q4 2017 EPS of $1.73-$1.77. Carriage Services sees Q4 2017... More
