Carriage Services Q4 Earnings Drop Yet Beat Expectations

Carriage Services Inc. sees a drop in fourth-quarter earnings but surpasses analyst expectations. The company's EPS stands at $0.62 compared to $0.75 last year, signaling potential market reactions.

Date: 27-02-2025

AI Rating: 6

Earnings Per Share (EPS)
Carriage Services reported a decrease in EPS from $0.75 last year to $0.62 this year. However, the reported EPS of $0.62 beat analyst expectations of $0.51, which may positively influence investor sentiment despite the decline.

Revenue Growth
The company's revenue for the period fell by 1.1% year-over-year from $98.83 million to $97.70 million. This decline in revenue could be seen as a negative factor affecting overall stock performance, especially if combined with the reduced earnings.

In summary, while Carriage Services has shown a decrease in earnings and revenue, beating analyst expectations for EPS might lend some support to the stock price in the short run. Investors may react positively to the better-than-expected earnings amid the revenue decline.

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