Carriage Services Sees FY23 Revenue $375M-$385M Vs $383.62M Est
Portfolio Pulse from Benzinga Newsdesk
Carriage Services has revised its FY23 outlook, with total revenue now expected to be between $375M and $380M, down from the previous estimate of $375M to $385M. Adjusted consolidated EBITDA and adjusted diluted EPS have also been lowered to $105-$110M and $1.90-$2.00 respectively.
November 08, 2023 | 10:22 pm
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Carriage Services has revised its FY23 outlook downwards, which could potentially impact investor sentiment and the company's stock price.
Carriage Services has lowered its FY23 revenue, EBITDA, and EPS outlook. This could lead to negative investor sentiment, potentially causing a decrease in the company's stock price in the short term.
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