Funeral Director Daily
Hillenbrand Industries reported fiscal 3rd Quarter 2018 results last week and while positive for the company as a whole, the Batesville Casket Division reported revenue decreases for the quarter of 6%. The company, as a whole, delivered earnings of $0.57 per share as compared to analysts estimates of $0.56 per share. You can see their…
It seems to me that in this day and age of declining revenues per case in the funeral business, that every ancillary service a funeral home/crematory can secure can be a god-send for business. Many funeral homes will try to sell a better casket or urn, or will push cremation jewelry or an urn vault…
The Cremation Association of North America just wrapped up its weeklong gathering of cremation professionals at CANA2018. While I did not attend, I have kept up with some of the issues that were discussed and saw a quote come out of the convention that I wanted to discuss further. The quote I am referring to…
You only have to read the first page of Carriage Service’s press release, which you can read here, to understand that CEO Mel Payne was not thrilled with Carriage’s 2nd quarter numbers. The third paragraph of the release states, “We have complete confidence that our operating leadership is effectively dealing with the revenue and margin…
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…
