Earnings ·
Carriage Services, Inc. reported second quarter 2026 financial results with total revenue of $102.9 million, a 0.8%…
CSVCarriage Services Inc
Carriage Services, Inc. reported second quarter 2026 financial results with total revenue of $102.9 million, a 0.8% increase year-over-year. GAAP diluted EPS rose to $0.77 from $0.74 in the prior year period, while adjusted diluted EPS reached $0.78. The company completed the strategic acquisition of one funeral home and maintained its leverage ratio at 4.0x. Despite a 3.5% decline in at-need funeral volume due to lower mortality trends, consolidated cemetery preneed sales production increased 5.0% and average price per interment right grew 17.3%. Financial revenue grew 14.0%, contributing to an adjusted consolidated EBITDA of $32.3 million, up 3.1%. The company confirmed its full-year 2026 adjusted diluted EPS guidance midpoint at $3.35-$3.55 and lowered total revenue guidance to $435-$445 million from the previous range of $440-$450 million. Carriage Services operates in the funeral and cemetery services industry, providing funeral homes, cemeteries, and related merchandise across the United States.