funeral finances
I think it is fair to say that overall investors have been wary of the inflationary environment and rising interest rates over the last couple of years. However, one side benefit to that wariness may be, according to this article from Marketwatch, that “capital waiting to be deployed” in the private equity market has…
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I live in America which is a representative democracy with the freedom for individuals to attain through education, hard work, creative enterprise, investment, and sometimes just plain luck the ability to gain and collect more resources than others. To that same end, the country offers no guarantee that your work and life will end…
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This is one of those articles that I will write that probably has no answers. It only brings up questions. That question today is “What’s with Excess Deaths”? When the pandemic hit and deaths increased for almost all funeral homes across the world, one of the questions asked was “With these extra…
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Last week Park Lawn Corporation (PLC) announced their 1st Quarter of 2022 earnings results. For the period ended on March 31, 2022, the company increased their revenue 17.5% to $83.1 million as compared to the 1Q of 2021 when they reported $70.5 million in revenue. The company also reported Net Earnings of $8.7 million in…
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Carriage Services reported their 1st Quarter of 2022 last week and in doing so highlighted the strength of their funeral home operations. “Same Store” service contracts increased about 3.3% and average revenue on those services increased 1.2% over the same period of last year which led to a Funeral Home Operating Revenue increase of $3.3…
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There is no doubt that the world is a smaller place today because of the information that can be received instantaneously. Look no further than war reporting and satellites in the sky — during World War II information on battles took days to reach American civilians while today reporters are in the field and send…
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If you had any money in the stock market during 2021 it would have been hard not to grow your investment cache. During the 2021 calendar year the three indices most commonly referred to as a bellwether of the markets, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500 were up…
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It’s certainly been a strong year for the stock market. . . .even with recent declines last week tipped by rising inflation and fears of the Omicron variant of Covid-19. And, the strong year has not only been good for investors in America’s best known industries and services, but in the companies that make a…
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Park Lawn Corporation (PLC), the Canadian based funeral and cemetery operator announced in this press release yesterday that they had entered the state of Georgia with an agreement to purchase the Ingram Funeral Home & Crematory located in Cumming, Forsythe County. The press release stated that the acquisition is scheduled to close in December of…
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Security National Financial Corporation of Utah revealed their 2nd Quarter 2021 financial numbers earlier this month. Total revenues for the entire company were actually down about 2% overall as their Mortgage Division saw an overall 8% decline in revenues as compared to the same quarter of 2020. However, the company’s Life Insurance division, which included…
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