Finance
Park Lawn Corporation, the Canadian funeral home and cemetery acquisition firm, released its results for their 3rd Quarter of 2018 earlier this week. You can see their Press Release here. The fast-growing death care public company announced that their revenues increased on a year over year basis for the quarter by 92.9%. They reported revenue…
Security National Financial Corporation, a member of the Funeral Director Daily Death Care Index (DCI) of public companies recorded 3rd quarter 2018 after-tax earnings of $2.014 million as compared to last year’s 3rd quarter profits of $1.097 million. You can read the company’s complete press release here. The company which operates in the Life Insurance,…
In a press release last week that we caught on Globe Newswire and you can read here, StoneMor Partners has, according to the press release, added depth to their operational management. The release highlights the hiring of four veterans who have experience in the death care industry in cemetery, funeral home, acquisition, and management roles. …
Assurant Preneed, a component of Assurant, posted higher revenue and higher profits in their 3Q 2018 results that were made public after the market on Tuesday. You can read the company’s press release on its earnings report here. Assurant, a member of the Death Care Index (DCI), operates a world-wide conglomerate composed of three segments…
Last week death care public company Carriage Services reported 3rd quarter 2018 financial results. It was the 3rd consecutive quarter that the company had came in with a report that was less than what analysts had expected. If you read the earnings report and the subsequent Call with Analysts that you can read in its…
On November 1, 2018, StoneMor Partners issued a press release that you can read here which reported it’s financial results for the 1st Quarter of 2018. That period covers the time period of January 1, 2018, until March 31, 2018. As you may know, the company is moving from a Master Limited Partnership to a…
After the markets closed yesterday funeral home and cemetery consolidator Carriage Services announced their results for the 3rd Quarter of 2018. The company announced quarterly revenues of $64.2 million which was an increase of 5.2% over the same period of a year ago and a Net Income of $2.2 million – which is a decrease…
Death care public company and industry leader Service Corporation International announced 3rd Quarter results yesterday and with the announcement came earnings news of $0.37 per share for the quarter compared to $0.29 per share in the same quarter one year ago. Total revenues, which include acquisitions, are up for the quarter to over $778 million…
Last week public market funeral home and cemetery operators Park Lawn Corporation and Carriage Services made announcements about their dividends to stockholders going forward. In an article that you can read here Park Lawn Corporation announced that they will be paying a monthly dividend in November of $C 0.038 per share – which on an…
The second and third largest funeral home firms in Spain are considering a merger according to this article from Reuters. Santa Lucia’s subsidiary Albia and Mapfres’ subsidiary Funespana are the number two and three in funeral services in the country and are contemplating teaming up to become a company that would do about $229 million…
