HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported second-quarter net income of $11.7 million.
The Houston-based company said it had net income of 74 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The provider of funeral and cemetary services and products posted revenue of $102.1 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $100.5 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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