Carriage Services: Q2 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported second-quarter net income of $8.3 million.
On a per-share basis, the Houston-based company said it had net income of 53 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.
The provider of funeral and cemetary services and products posted revenue of $97.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $93.9 million.
Carriage Services expects full-year earnings in the range of $2.25 to $2.40 per share, with revenue in the range of $375 million to $385 million.
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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
