Carriage Services (CSV) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this provider of funeral and cemetary services and products would post earnings of $0.51 per share when it actually produced earnings of $0.62, delivering a surprise of 21. ...

Carriage Services Announces First Quarter 2025 Results Conference call on Thursday, May 1, 2025 at 8:00 a.m. Central Time HOUSTON - April 30, 2025 - (GLOBE NEWSWIRE) Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the first quarter ended March 31, 2025. Company Highlights: Carlos Quezada, Vice Chairman and CEO, stated, "We are proud of our first-quarter results, which reflect the strength of our strategy and execution discipline. Our solid financial performance, highlighted by ...

Conference call on Thursday, May 1, 2025 at 8:00 a.m. Central TimeHOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the first quarter ended March 31, 2025. Company Highlights: GAAP net income growth of $14.0 million or 200.1% over the prior year quarter;GAAP diluted EPS of $1.34 and adjusted diluted EPS of $0.96, compared to $0.45 and $0.75 in the prior year quarter, a growth of 197.8% and 28.0%, respectively;Total funeral operating rev ...

HOUSTON, April 17, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV) today announced plans to release 2025 first quarter results on Wednesday, April 30, 2025, after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live via webcast on Thursday, May 1, 2025, at 8:00 a.m. Central Time. What:Carriage Services First Quarter 2025 Earnings Conference CallWhen:Thursday, May 1, 2025 – 8:00 a.m. Central Time How:Live via phone – B ...

Core Viewpoint - Carriage Services, Inc. (NYSE: CSV) is a funeral and cemetery provider that was last analyzed in October 2023, prior to its third-quarter earnings report scheduled for October 30, 2024. The company maintains a 'Hold' rating due to its current valuation and market conditions [1]. Company Summary - The company focuses on generating income through investments in undervalued profitable stocks with strong balance sheets and minimal debt [1]. - The investment strategy includes writing calls against positions to generate additional income when opportunities arise [1]. - Risk management is emphasized through position sizing and the use of trailing stop losses over time [1].

Core Insights - The article emphasizes the importance of efficiency ratios in evaluating a company's potential for profitability and stock selection [1] Efficiency Ratios - **Receivables Turnover**: This ratio measures a company's ability to extend credit and collect debts, with a high ratio indicating effective collection practices [2] - **Asset Utilization**: This ratio assesses how well a company converts its assets into sales, with higher values suggesting greater efficiency [3] - **Inventory Turnover**: This ratio indicates a company's ability to manage inventory relative to its cost of goods sold, with high values reflecting efficient inventory management [4] - **Operating Margin**: This ratio measures the efficiency of a company in controlling operating expenses relative to sales, with higher values indicating better expense management [5] Screening Criteria - The screening process included a favorable Zacks Rank of 1 (Strong Buy) alongside the efficiency ratios to identify potentially profitable stocks [6] - The criteria narrowed down over 7,906 stocks to nine, highlighting companies with efficiency ratios above industry averages [7] Selected Companies - **Carriage Services (CSV)**: A leading provider of death care services in the U.S. with an average four-quarter earnings surprise of 27.5% [7] - **Brinker International (EAT)**: Operates various restaurant brands, including Chili's and Maggiano's, with an average four-quarter earnings surprise of 24.7% [8] - **Flexsteel Industries (FLXS)**: Engaged in the design and manufacture of upholstered furniture, with an average four-quarter earnings surprise of 19.8% [10]

Markets showed signs of a recovery on Wednesday after soft inflation data somewhat eased concerns about a declining economy. However, the crisis is far from over as global tensions, President Donald Trump’s tariffs and uncertainty over the next rate cut persist, which could keep markets volatile.Given this situation, it would be safe to invest in consumer staples stocks, which are considered defensive. In this regard, Molson Coors Beverage Company (TAP) , Carriage Services, Inc. (CSV) and Tyson Foods (TSN) ...

Core Viewpoint - Carriage Services, Inc. has announced an expanded national partnership with Express Funeral Funding, aiming to enhance service delivery and provide more funding options for families [1][2][3] Company Overview - Carriage Services operates 162 funeral homes across 26 states and 31 cemeteries in 11 states, focusing on delivering premier experiences through innovation and elevated service [4] Partnership Details - The collaboration with Express Funeral Funding will allow Carriage Services to refine its product portfolio and reach new markets, integrating EFF's insurance assignment funding into its offerings [2][3] - The partnership is expected to create new opportunities for both companies and enhance the value provided to families [4][6] Leadership Statements - Carlos Quezada, CEO of Carriage Services, expressed excitement about the partnership, highlighting its potential to broaden product offerings and improve service quality [3] - Andy Buckman, President of Express Funeral Funding, emphasized the partnership's potential to deliver greater value to families [4]

Carriage Services (CSV) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.In ...

Fears of a slowing economy have been gripping markets for a while now and it is unlikely that the Federal Reserve will go for a rate cut anytime soon. In fact, concerns have grown that the Fed could go for just one rate cut this year as it struggles to bring down inflation.A sharp jump in inflation has forced the Fed to maintain a cautious approach, with consumer confidence and sentiment plummeting to new lows.Given this situation, it would be safe to invest in consumer staples stocks, which are considered ...