Carriage Servs Q2 2024 Adj. EPS $0.63 Beats $0.52 Estimate, Sales $102.318M Beat $94.983M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carriage Services (NYSE:CSV) reported Q2 2024 adjusted EPS of $0.63, beating the estimate of $0.52 by 21.15%. Sales were $102.318M, surpassing the $94.983M estimate and showing a 4.75% increase from the same period last year.
July 31, 2024 | 8:55 pm
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POSITIVE IMPACT
Carriage Services reported strong Q2 2024 results with EPS of $0.63 beating estimates by 21.15% and sales of $102.318M surpassing expectations. This indicates robust financial performance and could positively impact the stock price in the short term.
The significant beat on both EPS and sales estimates suggests strong operational performance and financial health, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100