CSV Carriage Services, Inc.
Price Chart
Executive Summary
Carriage Services reported Q1 2026 GAAP diluted EPS of $0.84 (miss of $0.04 vs $0.88 consensus) and revenue of $106.1M (miss of $5.3M vs $111.4M consensus). Despite the headline miss, adjusted EBITDA grew 2.4% to $33.8M with margin expansion to 31.8%, and management initiated 2026 guidance implying growth. The company also announced a $100M ATM equity offering program.
Key Financial Metrics
Actionable Insight
The earnings miss is offset by operational improvements and growth guidance, but the ATM offering creates near-term dilution risk. Watch for the pace of ATM usage and execution on the 2026 strategic growth plan. The stock may be range-bound until clearer signs of revenue acceleration.
Key Facts
- GAAP diluted EPS $0.84 vs consensus $0.88 (miss of -4.5%)
- Revenue $106.1M vs consensus $111.4M (miss of -4.8%)
- Adjusted diluted EPS $0.86 vs $0.96 prior year
- Adjusted EBITDA $33.8M, up 2.4% YoY, margin 31.8% (up 100 bps)
- Announced $100M at-the-market equity offering program
- 2026 guidance: revenue $440-450M, adjusted EPS $3.35-3.55, adj. EBITDA $135-140M
Financial Impact
GAAP EPS declined 37.3% YoY to $0.84, adjusted EPS down 10.4% to $0.86. Revenue declined $0.9M YoY. Adjusted EBITDA increased $0.8M. The ATM offering could dilute existing shareholders.
Risk Factors
- Dilution from the $100M ATM equity offering
- Continued funeral volume decline (-0.9% volume YoY)
- High leverage ratio (4.0x) limits financial flexibility
- Execution risk on 2026 guidance and strategic acquisitions
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3289372 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 27, 2026
16d ago
|
Press Release
| $42.49 $37.32 | ▼ −12.17% | ▼ −12.12% | $40.34 (−5.06%) |
|
May 6, 2026
5w ago
|
8-K
| $44.60 $43.11 | ▲ +3.34% | ▲ +4.85% | $40.34 (+9.55%) |
|
May 6, 2026
5w ago
|
Press Release
| $44.60 $43.11 | ▼ −3.34% | ▼ −4.85% | $40.34 (−9.55%) |
|
May 6, 2026
5w ago
|
424B5
| $44.60 $43.11 | ▲ +3.34% | ▲ +4.85% | $40.34 (+9.55%) |
|
Apr 15, 2026
8w ago
|
Press Release
| $47.72 $50.48 | ▲ +5.78% | ▲ +4.80% | $40.34 (−15.47%) |
|
Mar 27, 2026
11w ago
|
DEFA14A
| $44.73 $46.34 | ▲ +3.61% | ▼ −0.69% | $40.34 (−9.81%) |
|
Feb 26, 2026
15w ago
|
8-K
| $45.09 $43.99 | ▼ −2.43% | ▼ −1.30% | $40.34 (−10.53%) |
US Market Status
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