public funeral homes

Park Lawn 3rd Quarter sounds familiar

By Funeral Director Daily / November 15, 2023 /

    Last week Park Lawn Corporation reported their 3rd Quarter 2023 financial results.  Much like we found with Carriage Services, we found that Park Lawn Corporation (PLC) was able to increase total revenues but struggled to turn those increased revenues into greater Net Income for the quarter.   PLC reported a quarterly revenue increase…

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Park Lawn acquires Georgia firm

By Funeral Director Daily / June 29, 2023 /

    “Park Lawn (Corporation) has further expanded its strategic growth in the southeast United States” according to a quote attributed to Park Lawn CEO J. Bradley Green in this press release from earlier this week.  The expansion Green it talking about is the acquisition of the Cobb Funeral Chapel and the Cobb Suncrest Memorial…

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Death Care investors lose over $4 billion in market value Year to date

By Funeral Director Daily / October 3, 2022 /

Last Friday’s calendar marked the end of the 3rd quarter of 2022 and with it the end of a quarter, and fiscal year for some, of the Funeral Director Daily Death Care Index (DCI) companies.  It won’t be long and we will be hearing the financial reports from each of these companies and how they …

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Security National sees death claims “level off” and announces relationship with Live Oak Bank

By Funeral Director Daily / August 23, 2022 /

Security National Financial Corporation (SNFC) is the last of our seven companies that comprise the Death Care Index (DCI) to report financial numbers for the April thru June 2022 period. . . which they did last week.  You can see the SNFC press release and numbers here. As you may know, SNFC operates three divisions…

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SCI’s Tom Ryan: “. . true earnings growth from funeral will require increased funeral services”

By Funeral Director Daily / May 11, 2021 /

Service Corporation International (SCI) reported their 1st Quarter financial results last week and in it we found a lot of information and perspective that we believe is informative and, in our opinion, pretty good news as to how the American public is coming out of the pandemic with their actions on funeral care seemingly indicating…

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Earnings season on its way: Zacks on Service Corp

By Funeral Director Daily / October 26, 2020 /

If you watched the stock market last week you would see that it bounced around a little bit.  That happens all the time dependent on world events and the business environment, but also four times per year we get in a period where public companies report the business results for the past three month period. …

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DCI indicates “Death Care” stocks left behind. . . appearance on Funeral Nation

By Funeral Director Daily / August 31, 2020 /

With today being the last day in the business calendar of the first eight months of the year and April to June reports all in, I thought it might be a good time to find out where the Death Care Index is sitting in relation to the stock market in general.  The Death Care Index,…

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Security National reports 3Q and 9-month 2019 financials

By Funeral Director Daily / December 13, 2019 /

Security National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently.  You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million…

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Carriage Executives on 3Q Results. . . CEO Payne hints at divestiture of some units

By Funeral Director Daily / November 7, 2018 /

Last week death care public company Carriage Services reported 3rd quarter 2018 financial results.  It was the 3rd consecutive quarter that the company had came in with a report that was less than what analysts had expected. If you read the earnings report and the subsequent Call with Analysts that you can read in its…

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A Transformational Time

By Funeral Director Daily / May 11, 2018 /

Today we bring you a short, less than 3 minute video, and article that you can access here that has the CEO of death care conglomerate InvoCare speaking on why he believes it “is a transformational time” in the industry.  CEO Martin Earp, speaking with CNBC, talks of the major shift on how people are…

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