public funeral companies
Last week, public company Security National Financial Corporation reported the results of their First Quarter of 2018. In the press release that you can read here they report that two of their three operating segments had increases in sales and profits on a year over year basis. As you may recall, Security National Financial Corporation…
Read MoreAfter the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018. You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…
Read MoreDeath care conglomerate Matthews International, based in Pittsburgh, Pennsylvania, posted their 2nd quarter earnings report of Fiscal Year 2018 last week. Here’s what President and CEO Joseph C. Bartolacci said of the report, “The company’s results for the fiscal 2018 second quarter were in line with our internal expectation and we are on track to…
Read MoreI present you this article published yesterday from investor opinion site Seeking Alpha on the potential upside of StoneMor Partners. It is a good read and, like most articles pertaining to the death care industry, there is something to take from it. Funeral Director Daily take: I will tell you, however, as a 35 year industry…
Read MoreIf you are at all interested in learning about Canadian death care public company Park Lawn Corporation we came across this recent interview of their CEO Andrew Clark on the Capital Ideas portion of Small Cap Power. It is a 4 minute interview that you can reach at the 12:00 minute mark of the program.…
Read MoreOn Tuesday, April 24, publicly owned death care industry company, Carriage Services, announced its 1st Quarter 2018 results. You can read their press release with financials included here. The company announced record revenues of $73.4 million for the quarter. That is a 7.7% increase over the same period of a year ago. Funeral Director…
Read MorePark Lawn Corporation, the Toronto based funeral home and cemetery consolidator, released their 4th quarter and Year End 2017 results last week. Andrew Clark, Chairman and CEO of the company stated in the release, “Overall the company continued to grow in 2017, while improving its margin profile.” He continued, “Our goals for 2018 include increased…
Read MoreSecurity National Life Insurance Company, a stock featured in the Funeral Director Daily Death Care Index (DCI), announced in a press release yesterday that they have sold the Dry Creek Apartments, a 282 unit multifamily complex in Sandy, Utah. You can read the release here. The company is involved in three business segments that really…
Read MoreIt’s been a little over three months since we visited the Death Care Index or DCI. The DCI is Funeral Director Daily’s gauge for checking up on the investment return of death care companies who operate in the public ownership market. At the close of business on November 30, a day in which the Dow…
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