Carriage Service article featured in Seeking Alpha last week
As has become our custom when an article about one of the Death Care Index (DCI) companies is published in Seeking Alpha we bring that article to you. Last week an article about Carriage Services was published titled “Carriage Services: Strong gains look beckoning in 2025″.
You can access that article here.
As is also our custom with these types of articles, we present them to our readers with no opinion on our part. Here are a couple of exerpts, however, from the article:
- “Carriage Services shows strong growth in Preneed cemetery sales, and free cash flow gains, and has revised guidance upward due to robust quarterly earnings beats.”
- “. . . . it wasn’t surprising to see the company report a strong earnings beat due to an 11% top-line gain over the same period of 12 months prior. Strong gains in both the top & bottom lines resulted in management bumping up full-year top-line guidance to approximately $400 million and adjusted free cash flow to approximately $60 million.”
- “Carriage’s fiscal 2024 trends demonstrate that momentum may be ramping up even further in the funeral & cemetery provider. Why do we state this? Considering that earnings growth is the prime driver of stocks on Wall Street, Carriage is projected to deliver over 21% growth in fiscal 2025.”
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Posted in Afternoon Edition, Finance