cemetery business
Death care consolidator Carriage Services issued preliminary 2018 results on Wednesday. You can read a press release from the company here. In those results the company announced that they had grown revenue year over year from $258.1 million in 2017 to an an unaudited estimate of $268.0 million in 2018. That would be an increase…
Read MoreSo many things about business fundamentals cross over from one industry to another. I’m writing this article on Sunday and thinking about a meeting I will have tomorrow in the role I play as Chairman of the Finance and Operations Committee of a Big Ten university. We are working on the budget and tomorrow I’m…
Read MoreSubscription services have been around a long time. As a junior high student I can remember how Columbia House Records got their claws into you to be a customer. Remember, pick 10 albums for $2 and then subscribe to buy one per month – at the regular price – for the next 24 months? Columbia…
Read MoreSecurity 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,…
Read MoreIn 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. …
Read MoreLast 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…
Read MoreOn 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…
Read MoreAfter 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…
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