Carriage Services: 4Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ Carriage Services Inc. (CSV) on Wednesday reported fourth-quarter profit of $8.4 million.

The Houston-based company said it had profit of 46 cents per share. Earnings, adjusted for non-recurring costs, came to 57 cents per share.

The provider of funeral and cemetary services and products posted revenue of $90.1 million in the period.

For the year, the company reported profit of $16.1 million, or 89 cents per share. Revenue was reported as $329.4 million.

Carriage Services shares have climbed 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34.79, a rise of 42% in the last 12 months.


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