Funeral Director Daily
Earlier this week Service Corporation International posted their 2nd Quarter results, which you can see in a company press release here, and we told you that we would analyze them and report our impressions. There is nothing that surprises us with the SCI results, more so, they reinforce what we believe is the direction of…
While searching through articles pertaining to the death care industry I came across an article from Vice.com entitled, “Inside New Orleans Extreme Embalming Funerals” that you can read here. The article points out a trend, that as far as the author can tell started in Puerto Rico in about 2014 and has grown in acceptance…
Carriage Services, the Houston based funeral home and cemetery consolidator and operator announced 2nd Quarter 2018 earnings yesterday and with that report, that you can access here, found their common stock losing about 5% of its value. Analysts had predicted earnings in the range of about $0.37 per share and the report brought earnings in…
According to this article from the Pine Journal, Bob and Karen Atkins operate the Atkins-Northland Funeral Home and Crematory in Cloquet, Minnesota. The couple is responsible for a business with a volume of about 160 deaths annually and when the cremation percentage started to rise they decided to put in a human crematory instead of…
Service Corporation International, the largest of the funeral service conglomerate public companies, reported 2nd Quarter 2018 financial results yesterday. You can read their press release and see the numbers here. SCI announced earnings per share of $0.44 versus analysts estimates of $0.43 per share. They also announced 2nd quarter revenue of $796 million as compared…
When I was younger the election night banter we always heard was as the title of this article, “As Maine Goes. . . So Goes the Nation”. What it meant under those circumstances was that the State of Maine had an uncanny history of always selecting the Presidential candidate correctly, so the commentators pointed out…
Matthews International reported its 2018 fiscal year 3rd quarter results last week. You can read the company’s press release and report here. As you may know the Pittsburgh, Pennsylvania based public company operates in three segments: Brand Solutions, Industrial Technologies, and Memorialization. Their Memorialization segment is what we are concerned with in the death care…
Matthews International, a death care conglomerate with operations in crematory equipment, bronze memorialization products, and caskets, reported their 3rd Quarter 2018 fiscal year results yesterday. You can read their press release here. Their report can be summed up by increased total sales – albeit not to the extent that they had predicted, but a beat…
