Latest News by Industry
HOUSTON (AP) — HOUSTON (AP) — Carriage Services Inc. (CSV) on Wednesday reported fourth-quarter net income of $8.2 million.
The Houston-based company said it had profit of 53 cents per share. Earnings, adjusted for non-recurring costs, were 64 cents per share.
The provider of funeral and cemetary services and products posted revenue of $93.9 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $89.7 million.
For the year, the company reported profit of $41.4 million, or $2.63 per share. Revenue was reported as $370.2 million.
Carriage Services expects full-year earnings in the range of $2.25 to $2.40 per share, with revenue in the range of $375 million to $385 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CSV">Zacks stock report on CSV at https://www.zacks.com/ap/CSV