Carriage Servs Q3 Adj $0.64 Beats $0.42 Estimate, Sales $100.69M Beat $92.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carriage Services (NYSE:CSV) reported strong Q3 results, with earnings per share of $0.64 beating estimates by 52.38% and sales of $100.69 million surpassing expectations by 8.35%. This marks significant growth compared to the same period last year.
October 30, 2024 | 9:20 pm
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Carriage Services reported Q3 earnings of $0.64 per share, beating estimates by 52.38%, and sales of $100.69 million, exceeding expectations by 8.35%. This reflects a significant year-over-year growth in both earnings and sales.
The significant beat on both earnings and sales estimates, along with strong year-over-year growth, is likely to positively impact CSV's stock price in the short term. Investors often react favorably to such earnings surprises.
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