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Carriage Services posts 1Q profit

HOUSTON (AP) _ Carriage Services Inc. (CSV) on Wednesday reported first-quarter earnings of $7.1 million.

The Houston-based company said it had profit of 39 cents per share. Earnings, adjusted for non-recurring costs, were 45 cents per share.

The provider of funeral and cemetary services and products posted revenue of $68.2 million in the period.

Carriage Services shares have risen roughly 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.82, an increase of 19 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSV at https://www.zacks.com/ap/CSV


Keywords: Carriage Services, Earnings Report