Tag: StoneMor Inc

Finance

StoneMor reports 3rd Quarter: Turnaround continues to move forward

A couple of years ago I looked at StoneMor and their operations and told readers that they should, if they had a StoneMor competitor in their market, look at a possible acquisition of that competitor.  Quite frankly, I was of the opinion that the way StoneMor was moving would probably lead to a liquidation and some of those businesses might be able to be purchased at the right price. However, while there has been some pain and some selected liquidation […]

Finance

Security National reports year end 2019

Security National Financial Corporation (SNFC), the Utah public company that is partly rooted in the preneed funeral insurance and mortuary/cemetery business, recently reported its 2019 year end financial results.  You can read the company’s press release on the results here. The results do say, “For the twelve months ended December 31, 2019, SNFC’s after-tax earnings from operations decreased 49.8% from $21.6 million in 2018 to $10.8 million in 2019, on a 1.2% increase in revenues to over $283 million. However, […]