Carriage Services shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Carriage Services shares rose after the company reported better-than-expected Q3 financial results and increased its FY24 guidance.
October 31, 2024 | 4:28 pm
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Carriage Services shares increased due to better-than-expected Q3 results and an upward revision of FY24 guidance.
The company's shares are trading higher because it reported financial results that exceeded expectations for Q3 and raised its guidance for FY24. This positive financial performance and outlook are likely to boost investor confidence, leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100