matthews

Matthews International First Quarter 2024 Earnings Call highlights

By Funeral Director Daily / February 12, 2024 /

  On February 1, 2024, Matthews International reported its 1st Quarter 2024 results.  We reported on that on February 5 with this article.  A day later they had an earnings call with investment advisors and today we bring you some quotes from that call.  You can access the entire transcript of the 1Q 2024 Earnings…

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Matthews Memorialization segment reports 4Q of lower sales, improved EBITDA

By Funeral Director Daily / November 27, 2023 /

Here’s what Matthews International CEO Joseph C . Bartolacci had to say in this prepared press release about the company’s 4th Quarter (reflecting an October 1 Fiscal Year beginning) operations of their Memorial segment, “The Memorialization segment also performed well again in the fiscal 2023 fourth quarter, completing a very good year. Despite the continued…

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What’s next for Matthews?

By Funeral Director Daily / February 9, 2023 /

    The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets.  Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…

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Seeking Alpha author makes case for Matthews International

By Funeral Director Daily / September 2, 2022 /

Seeking Alpha author Austin Rogers makes a case for the upside future of conglomerate Matthews International. . .a company which receives about 46% of its revenue from the death care space.  The article is really detailed about a little history of Matthews and where the company seems to be going in the future. Here’s a…

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Learning more of Matthews International

By Funeral Director Daily / April 28, 2022 /

Over last weekend while doing some research I stumbled across this article on Matthews International.  As you may know Matthews is the parent company of Aurora Caskets and Matthews Cremation.  What you maybe don’t know is that they are a world-wide conglomerate who is making a big bet on the electric car market with a…

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Matthews increasingly serving the profession. . . . and the living

By Funeral Director Daily / June 25, 2021 /

The Pittsburgh Post-Gazette recently published this article on Matthews International entitled “From tombstones to fuel cells, Matthews International wants to leave its mark on clean mobility“.  The article is a great read on Matthews and reminded me that this “quiet company” of funeral service continues to make a difference every day, not only in the…

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Matthews 1Q 2021 shows improvement, Memorialization segment grows revenue

By Funeral Director Daily / February 2, 2021 /

Earnings period is upon us again in the death care industry.  Over the next 8 weeks the eight death care public companies that make up the Funeral Director Daily Death Care Index (DCI) will report sales and earnings for the October, November, and December periods.  To those on a calendar year accounting format that will…

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Matthews reports 4Q and Year End 2020: Memorialization segment is high point

By Funeral Director Daily / November 27, 2020 /

Our reports for the period of July thru September 2020 come to an end with today’s report on Matthews International.  Funeral Director Daily files reports every quarter on the eight public companies that make up our financial Death Care Index (DCI). Today’s report on Matthew’s International, which you can access here, encompasses the mentioned time…

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Matthews Memorialization segment shows revenue gains in 3Q 2020

By Funeral Director Daily / August 4, 2020 /

Matthews International, which operates on a fiscal year that begins on October 1 each year, released earnings reports last week.  The company has three operating segments and the one that is of interest to those of us in the death care profession is what Matthews refers to as its “Memorialization Segment”. Matthews Memorialization Segment consists…

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Investors still reluctant with death care stocks

By Funeral Director Daily / June 22, 2020 /

I happened to see that at the close of the markets Friday that funeral home and cemetery operator and consolidator Park Lawn Corporation’s stock closed down over 9% from the previous day.  I looked for news on the company but could not find anything in the public world that would cause a precipitous drop in…

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