HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported third-quarter earnings of $9.9 million.
On a per-share basis, the Houston-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring costs, were 64 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.
The provider of funeral and cemetary services and products posted revenue of $100.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $93.5 million.
Carriage Services expects full-year earnings in the range of $2.45 to $2.55 per share, with revenue in the range of $395 million to $405 million.
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