Carriage Services reported a decrease in total revenue and adjusted diluted EPS for the third quarter of 2022, with revenue at $87.5 million, a 7.9% decrease, and adjusted diluted EPS at $0.45, a 45.1% decrease. The company is experiencing lower volumes, revenues, earnings, and margins comparisons across much of its funeral and cemetery portfolios, a downtrend that accelerated in September.
Total Revenue of $87.5 million, a decrease of 7.9%.
Adjusted Diluted EPS of $0.45, a decrease of 45.1%.
Acquisition of Heritage Funeral Homes and Cremation Services and Forest Lawn East Cemetery in Charlotte, North Carolina.
Robbie Pape joins Carriage as Senior Vice President of Operations and Regional Partner of Eastern Region.
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