CARRIAGE SERVICES INC (CSV) Form 8-K — Nov 4, 2026
Carriage Services reported Q3 2026 revenue of $100.3 million, down from $102.7 million a year ago, with GAAP net income up 35.2% to $8.9 million and GAAP diluted EPS of $0.56 vs $0.41. However, adjusted diluted EPS fell to $0.59 from $0.75, and adjusted consolidated EBITDA declined to $27.7 million from $33.0 million, pressured by weaker cemetery preneed sales and MLP-related trust taxes. The company cut its full-year 2026 guidance: adjusted diluted EPS is now expected at $2.90-$3.05 versus the prior $3.35-$3.55, with revenue of $415-$420 million versus $435-$445 million previously.
Key figures
- Eps
- 0.56
- Revenue
- 100300000
- Guidance
- Revised 2026: total revenue $415-$420M, adjusted EBITDA $125-$130M, adjusted diluted EPS $2.90-$3.05, adjusted FCF $40-$45M (down from $435-$445M revenue, $135-$140M EBITDA, $3.35-$3.55 EPS)
- Net Income
- 8900000
- Total Debt
- 516204000
- Revenue Yoy
- -2.4% (Q3: $100.3M vs $102.7M)
- Total Assets
- 1377486000
- Cash Position
- 8145000
- New credit facility
- $300 million
- Adjusted diluted eps q3
- $0.59 vs $0.75 prior year
- Increased borrowing capacity
- $50 million
- Funeral contract volume growth
- 2.5%
- Adjusted consolidated ebitda q3
- $27.7M vs $33.0M prior year
- Cemetery comparable revenue change
- -7.8%
- Acquisition pipeline annual revenue
- more than $14 million
- Preneed insurance funded contracts growth
- 7.0%
AI analysis
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