Carriage Services Inc reports results for the quarter ended June 30 - Earnings Summary

• Carriage Services Inc CSV.N reported quarterly adjusted earnings of 74 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of four analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 62 cents to 79 cents per share.

• Revenue fell 0.2% to $102.15 million from a year ago; analysts expected $100.47 million.

• Carriage Services Inc's reported EPS for the quarter was 74 cents​.

• The company reported quarterly net income of $11.74 million.

• Carriage Services Inc shares had fallen by 0.5% this quarter and gained 14.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the personal services peer group is "buy."

• Wall Street's median 12-month price target for Carriage Services Inc is $53.50, about 13.6% above its last closing price of $46.21

This summary was machine generated from LSEG data August 7 at 12:22 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)