Carriage Releases FY 2026 Guidance with Mixed Earnings Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy CSV?
Source: seekingalpha
- Earnings Overview: Carriage's FY 2025 non-GAAP EPS of $3.20 missed expectations by $0.07, indicating pressure on profitability, while revenue of $417.4 million, up 3.3% year-over-year, slightly exceeded expectations by $1.79 million, suggesting stable revenue growth.
- Future Guidance: The company's guidance for FY 2026 indicates total revenue expectations between $440 million and $450 million, with adjusted consolidated EBITDA projected at $135 million to $140 million, and adjusted diluted EPS forecasted at $3.35 to $3.55, reflecting cautious optimism about future growth.
- Cash Flow Projections: Carriage anticipates free cash flow for 2026 to be between $40 million and $50 million, assuming capital expenditures of $25 million to $30 million, indicating a balance between investment and cash flow management to support long-term development.
- Dividend Trends: Despite current earnings pressures, Carriage's dividend trends remain a point of interest, with investors closely monitoring how the company maintains its dividend payment capacity amid future financial performance.
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Analyst Views on CSV
Wall Street analysts forecast CSV stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 46.070
Low
60.00
Averages
60.00
High
60.00
Current: 46.070
Low
60.00
Averages
60.00
High
60.00
About CSV
Carriage Services, Inc. is a provider of funeral and cemetery services and merchandise in the United States. Its Funeral home and cemetery businesses provide products and services to families in three areas: ceremony and tribute, generally in the form of a funeral or memorial service; disposition of remains, either through burial or cremation; and memorialization, generally through monuments, markers or inscriptions. Its funeral homes offer a complete range of services to meet a family's funeral needs, consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral home facilities for visitation and memorial services and transportation services. Its Cemeteries provide interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers and monuments) and services (interments, inurnments and installation of cemetery merchandise).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Carriage Services Reports Strong Q4 2025 Earnings Growth
- Significant Revenue Growth: Carriage Services reported total revenue of $105.5 million for Q4 2025, an 8% year-over-year increase, with funeral operating revenue growing by 9.6%, indicating successful strategic pricing and service optimization.
- Strong Cemetery Performance: Cemetery operating revenue rose by $5.3 million, or 18.4%, while preneed cemetery sales surged by 25.5%, demonstrating effective execution in diverse inventory development and strategic pricing.
- EBITDA and EPS Improvement: Adjusted consolidated EBITDA reached $32.5 million, representing 30.8% of revenue, an 11% increase year-over-year; adjusted diluted EPS was $0.75, up 21%, reflecting ongoing enhancements in profitability.
- Optimistic 2026 Outlook: Revenues are projected to range between $440 million and $450 million for 2026, with a growth rate of approximately 5.5% to 8%, and adjusted free cash flow expected to be between $40 million and $50 million, showcasing the company's confidence in future growth.
See More
Carriage Releases FY 2026 Guidance with Mixed Earnings Results
- Earnings Overview: Carriage's FY 2025 non-GAAP EPS of $3.20 missed expectations by $0.07, indicating pressure on profitability, while revenue of $417.4 million, up 3.3% year-over-year, slightly exceeded expectations by $1.79 million, suggesting stable revenue growth.
- Future Guidance: The company's guidance for FY 2026 indicates total revenue expectations between $440 million and $450 million, with adjusted consolidated EBITDA projected at $135 million to $140 million, and adjusted diluted EPS forecasted at $3.35 to $3.55, reflecting cautious optimism about future growth.
- Cash Flow Projections: Carriage anticipates free cash flow for 2026 to be between $40 million and $50 million, assuming capital expenditures of $25 million to $30 million, indicating a balance between investment and cash flow management to support long-term development.
- Dividend Trends: Despite current earnings pressures, Carriage's dividend trends remain a point of interest, with investors closely monitoring how the company maintains its dividend payment capacity amid future financial performance.
See More
Carriage Services Reports Strong Q4 and Full Year 2025 Financial Results
- Significant Earnings Growth: Carriage Services reported a GAAP diluted EPS of $0.77 for Q4 2025, reflecting a 24.2% increase year-over-year, indicating a robust recovery in financial performance that is likely to attract more investor interest.
- Revenue Continues to Climb: Total revenue for 2025 reached $417.4 million, up 3.3% from the previous year, primarily driven by a 2.3% increase in funeral contract volume and a 13.4% growth in preneed cemetery sales, demonstrating strong market demand.
- Strategic Acquisitions and Divestitures: The company completed two strategic acquisitions generating over $15 million in revenue in 2024 while divesting non-core assets, reducing its leverage ratio to 4.0x, which enhances financial flexibility and sets the stage for future growth.
- Optimistic 2026 Outlook: Carriage anticipates total revenue between $440 million and $450 million for 2026, with adjusted EPS projected at $3.35 to $3.55, reflecting confidence in sustained growth and competitive positioning in the market.
See More
Carriage (CSV) to Announce Q4 Earnings on February 25th
- Earnings Announcement Date: Carriage (CSV) is set to release its Q4 2023 earnings on February 25th after market close, with consensus EPS estimates at $3.27, reflecting a robust 23.4% year-over-year growth, indicating sustained profitability.
- Revenue Expectations: The anticipated revenue of $103.65 million represents a 6.1% year-over-year increase, suggesting strong sales momentum and continued demand for the company's products or services in the market.
- Performance Beat Record: Over the past two years, Carriage has consistently exceeded EPS and revenue estimates 100% of the time, showcasing the management's efficiency in financial forecasting and execution, which enhances investor confidence in future performance.
- Estimate Revision Trends: In the last three months, both EPS and revenue estimates have seen one upward revision with no downward adjustments, reflecting analysts' optimistic outlook on the company's future performance, potentially driving stock price appreciation.
See More
Carriage Services Announces 2025 Annual Results Release Schedule
- Earnings Release Plan: Carriage Services is set to release its 2025 annual financial report on February 25, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Schedule: The company will hold an earnings conference call on February 26, 2026, at 8:00 a.m. Central Time, allowing investors to dial in at 800-330-6710, enhancing engagement with stakeholders.
- Webcast Support: The conference call will be broadcast live via webcast, ensuring a broader audience of investors can access real-time insights into the company's financial performance and future outlook, thus improving information dissemination.
- Operational Overview: As of December 31, 2025, Carriage Services operates 155 funeral homes and 28 cemeteries across the U.S., showcasing its leadership position and market reach within the funeral and cemetery services industry.
See More
Carriage Services (CSV) Announces Executive Promotions to Support 2030 Vision
- Executive Promotions: Carriage Services announces the promotion of Steve Metzger to President and COO, responsible for Operations, Sales, Marketing, and M&A, aimed at driving sustainable growth through effective execution and strategic alignment.
- New Vice President: Rene Negrete joins as Vice President of Operations, bringing over 20 years of industry experience focused on driving sustainable growth and enhancing customer experience, further supporting the company's long-term growth ambitions.
- Legal and HR Leadership: Sam A. Mazzu, III is promoted to General Counsel, while Christine Ngo becomes Vice President of Human Resources, both continuing to drive governance and cultural initiatives to ensure excellence in serving families and communities.
- Finance and IT Integration: CFO John Enwright expands his role to oversee Information Technology and Supply Chain, aligning financial discipline with the systems and infrastructure that support long-term value creation.
See More
Carriage Services Reports Strong Q4 2025 Earnings Growth
- Significant Revenue Growth: Carriage Services reported total revenue of $105.5 million for Q4 2025, an 8% year-over-year increase, with funeral operating revenue growing by 9.6%, indicating successful strategic pricing and service optimization.
- Strong Cemetery Performance: Cemetery operating revenue rose by $5.3 million, or 18.4%, while preneed cemetery sales surged by 25.5%, demonstrating effective execution in diverse inventory development and strategic pricing.
- EBITDA and EPS Improvement: Adjusted consolidated EBITDA reached $32.5 million, representing 30.8% of revenue, an 11% increase year-over-year; adjusted diluted EPS was $0.75, up 21%, reflecting ongoing enhancements in profitability.
- Optimistic 2026 Outlook: Revenues are projected to range between $440 million and $450 million for 2026, with a growth rate of approximately 5.5% to 8%, and adjusted free cash flow expected to be between $40 million and $50 million, showcasing the company's confidence in future growth.
See More
Carriage Releases FY 2026 Guidance with Mixed Earnings Results
- Earnings Overview: Carriage's FY 2025 non-GAAP EPS of $3.20 missed expectations by $0.07, indicating pressure on profitability, while revenue of $417.4 million, up 3.3% year-over-year, slightly exceeded expectations by $1.79 million, suggesting stable revenue growth.
- Future Guidance: The company's guidance for FY 2026 indicates total revenue expectations between $440 million and $450 million, with adjusted consolidated EBITDA projected at $135 million to $140 million, and adjusted diluted EPS forecasted at $3.35 to $3.55, reflecting cautious optimism about future growth.
- Cash Flow Projections: Carriage anticipates free cash flow for 2026 to be between $40 million and $50 million, assuming capital expenditures of $25 million to $30 million, indicating a balance between investment and cash flow management to support long-term development.
- Dividend Trends: Despite current earnings pressures, Carriage's dividend trends remain a point of interest, with investors closely monitoring how the company maintains its dividend payment capacity amid future financial performance.
See More
Carriage Services Reports Strong Q4 and Full Year 2025 Financial Results
- Significant Earnings Growth: Carriage Services reported a GAAP diluted EPS of $0.77 for Q4 2025, reflecting a 24.2% increase year-over-year, indicating a robust recovery in financial performance that is likely to attract more investor interest.
- Revenue Continues to Climb: Total revenue for 2025 reached $417.4 million, up 3.3% from the previous year, primarily driven by a 2.3% increase in funeral contract volume and a 13.4% growth in preneed cemetery sales, demonstrating strong market demand.
- Strategic Acquisitions and Divestitures: The company completed two strategic acquisitions generating over $15 million in revenue in 2024 while divesting non-core assets, reducing its leverage ratio to 4.0x, which enhances financial flexibility and sets the stage for future growth.
- Optimistic 2026 Outlook: Carriage anticipates total revenue between $440 million and $450 million for 2026, with adjusted EPS projected at $3.35 to $3.55, reflecting confidence in sustained growth and competitive positioning in the market.
See More
Carriage (CSV) to Announce Q4 Earnings on February 25th
- Earnings Announcement Date: Carriage (CSV) is set to release its Q4 2023 earnings on February 25th after market close, with consensus EPS estimates at $3.27, reflecting a robust 23.4% year-over-year growth, indicating sustained profitability.
- Revenue Expectations: The anticipated revenue of $103.65 million represents a 6.1% year-over-year increase, suggesting strong sales momentum and continued demand for the company's products or services in the market.
- Performance Beat Record: Over the past two years, Carriage has consistently exceeded EPS and revenue estimates 100% of the time, showcasing the management's efficiency in financial forecasting and execution, which enhances investor confidence in future performance.
- Estimate Revision Trends: In the last three months, both EPS and revenue estimates have seen one upward revision with no downward adjustments, reflecting analysts' optimistic outlook on the company's future performance, potentially driving stock price appreciation.
See More
Carriage Services Announces 2025 Annual Results Release Schedule
- Earnings Release Plan: Carriage Services is set to release its 2025 annual financial report on February 25, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Schedule: The company will hold an earnings conference call on February 26, 2026, at 8:00 a.m. Central Time, allowing investors to dial in at 800-330-6710, enhancing engagement with stakeholders.
- Webcast Support: The conference call will be broadcast live via webcast, ensuring a broader audience of investors can access real-time insights into the company's financial performance and future outlook, thus improving information dissemination.
- Operational Overview: As of December 31, 2025, Carriage Services operates 155 funeral homes and 28 cemeteries across the U.S., showcasing its leadership position and market reach within the funeral and cemetery services industry.
See More
Carriage Services (CSV) Announces Executive Promotions to Support 2030 Vision
- Executive Promotions: Carriage Services announces the promotion of Steve Metzger to President and COO, responsible for Operations, Sales, Marketing, and M&A, aimed at driving sustainable growth through effective execution and strategic alignment.
- New Vice President: Rene Negrete joins as Vice President of Operations, bringing over 20 years of industry experience focused on driving sustainable growth and enhancing customer experience, further supporting the company's long-term growth ambitions.
- Legal and HR Leadership: Sam A. Mazzu, III is promoted to General Counsel, while Christine Ngo becomes Vice President of Human Resources, both continuing to drive governance and cultural initiatives to ensure excellence in serving families and communities.
- Finance and IT Integration: CFO John Enwright expands his role to oversee Information Technology and Supply Chain, aligning financial discipline with the systems and infrastructure that support long-term value creation.
See More
