HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported fourth-quarter earnings of $9.9 million.
The Houston-based company said it had profit of 62 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The provider of funeral and cemetary services and products posted revenue of $97.7 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $95.9 million.
For the year, the company reported profit of $33 million, or $2.10 per share. Revenue was reported as $404.2 million.
Carriage Services expects full-year earnings in the range of $3.10 to $3.30 per share, with revenue in the range of $400 million to $410 million.
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