Carriage Services — Third Quarter 2026 Earnings Summary

Carriage Services reported third-quarter 2026 GAAP net income of $8.9 million, representing a 35.2% increase from the prior year, while adjusted diluted earnings per share declined to $0.59 from $0.75. The company's funeral business showed growth with a 2.5% increase in contract volume and a 1.9% rise in average revenue per contract, whereas cemetery comparable revenue fell 7.8% due to lower preneed sales. Strategic acquisitions under contract or letter of intent totaling over $14 million in annual revenue are anticipated to close later this year and in early 2027. Consequently, the company revised its full-year 2026 outlook, lowering total revenue guidance to a range of $415 million to $420 million and adjusted EBITDA guidance to $125 million to $130 million.