Carriage Servs Q1 2024 Adj EPS $0.75 Beats $0.59 Estimate, Sales $103.493M Beat $98.793M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carriage Services (NYSE:CSV) reported Q1 2024 adjusted EPS of $0.75, surpassing the $0.59 estimate, and sales of $103.493M, exceeding the $98.793M estimate. This represents a 33.93% increase in EPS and an 8.35% increase in sales from the same period last year.
May 01, 2024 | 8:55 pm
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Carriage Services reported a significant beat on both EPS and sales estimates for Q1 2024, indicating strong financial performance.
Carriage Services' earnings and sales beat are likely to positively impact investor sentiment and the stock price in the short term. The substantial beat on both EPS and sales estimates, compared to the same period last year, demonstrates strong financial health and operational efficiency. This outperformance, especially in a quarterly earnings report, is a critical indicator for investors and can lead to increased investor confidence and potential stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100