Park Lawn Corporation is expected to release the financial results of their First Quarter 2023 on May 11 — Thursday.  Last week, however, we found that Seeking Alpha authors gave an opinion on the company in which they believe “Park Lawn (is) likely to resume EBIDTA and EPS growth in 2023″.  The opinion article is dated April 27, 2023.

You can access the Seeking Alpha article here.

Here are a few notes taken from the Seeking Alpha article which we found interesting:

• Park Lawn Corporation is Canada’s only listed death care company.
• Park Lawn Corporation has 316 operating properties of which 284 are located in the United States.
• 90% of the company’s revenue comes from the United States operations
• The number of company locations has almost quadrupled since 2017
• In 2022 Park Lawn Corporation made 11 acquisitions for which they paid $94 million.
• The company plans to invest between $75 to $125 million into mergers and acquisitions in 2023.
• According to the author, going forward the company plans to gain 70% of its growth through acquisitions and 30% through organic growth.

Disclaimer — The author of this Funeral Director Daily article is a shareholder in Park Lawn Corporation.

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