HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported first-quarter net income of $8.8 million.
The Houston-based company said it had net income of 57 cents per share. Earnings, adjusted for non-recurring gains, came to 56 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The provider of funeral and cemetary services and products posted revenue of $95.5 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $89.8 million.
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