Carriage Services Inc (CSV) News & EventsCSVNews & EventsCarriage Services Inc

Company Reports Q2 Revenue of $102.95M, Below Expectations

Reports Q2 revenue $102.95M, consensus $108.91M. Carlos Quezada, CEO, stated, "We are pleased with our second-quarter performance. Against the backdrop of lower national mortality trends that emerged earlier this year, resulting in a 3.5% decline in our at-need volume compared with the second quarter of 2025, we delivered strong financial results. Comparable average revenue per contract increased 3.7% in funeral homes and 17.9% in preneed cemetery average revenue per interment, while total financial revenue grew 14.0%. Another positive during the second quarter was the continued growth in our preneed programs, a key driver of our long-term growth strategy, highlighted by 21.1% growth in insurance-funded preneed funeral contracts and 5.0% growth in consolidated cemetery preneed sales production. These accomplishments more than offset the volume impact, driving revenue to $102.9M, an increase of 0.8% year over year."

Lowers FY26 Revenue Outlook to $435M-$445M

Lowers FY26 revenue outlook to $435M-$445M from $440M-$450M, consensus $442.86M.

Carriage Services Acquires Assets of McCammon Ammons Click Funeral Home

Carriage Services announced that it has acquired substantially all the assets of McCammon Ammons Click Funeral Home located in Maryville, Tennessee. Steve Metzger, president and COO of Carriage Services, stated, "We are excited to enter the growing Greater Knoxville market with a premier business that has been serving the community for 120 years. Continuing to build Carriage's footprint throughout Tennessee aligns well with our focus on purposeful growth."