Carriage Services, SCI Report Earnings Yesterday

On Thursday, July 26, funeral home consolidators Carriage Services and Service Corporation International both reported 2nd Quarter earnings.

Carriage Services came in at a diluted per share income of $0.30 when they had estimated an income of $0.40 per share.  Their stock lost 1.16% to close at $26.49 for the day on the news.  You can read their press release here.

Service Corporation International surprised on the upside with earnings at $0.35 per share when they had estimated a per share income of only $0.30.  The increase didn’t seem to move investors as SCI’s share price tumbled even more at a 1.55% loss to close at $33.72.  You can read their press release here.

Matthews International will report earnings today and look for an article in Friday’s Funeral Director Daily on some trends we are seeing happen in the public funeral service industry.[wpforms id=”436″ title=”true” description=”true”]

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